Witnessing the digital breakthrough

South Korea

South Korean Parliament Postpones New Law on 20% Tax on Transactions with Crypto
27 November 2020   
The law on 20% tax on income derived from transactions with cryptocurrencies will come into force on January 1, 2022. It was originally supposed to come into force on October 1, 2021
Crypto Turmoil In South Korea: Exchanges Struggle To Survive
26 August 2019   
A research paper recently revealed that 97% of the crypto exchanges located inside the country are on the brink of collapsing and spiraling into bankruptcy
South Korean Banks Have New Requirements For Crypto Exchanges Due To FATF Guidelines
31 July 2019   
Several cryptocurrency exchanges in South Korea have mentioned that they’re facing issues renewing their agreements with local banks due to a change of internal policies
The South Korean Regulator Deprived The Crypto of Tax Benefits
03 October 2018   
August 13, South Korean crypto exchanges have been excluded from the venture capital. And it happened with crypto trading and brokerage companies on September 27. The new taxation for the crypto market is coming.
South Korean Crypto Industry Ties Whole Asia Together
19 September 2018   
We are continuing our journey through South Korea, one of the countries with a very complicated stance on the blockchain and crypto-economy in Asia
South Korea: DLT To Solve The Problems of Unemployment and Government Budget Deficit
15 September 2018   
From 17th to 19th of September South Korea will host two big events - Block Seoul 2018 and Blockchain Seoul 2018 Summit. We have prepared an analysis of the digital economy development in the country.
South Korea: Only 21 Crypto Exchanges Passed the KISA's 85-Points-Test
21 August 2018   
Experts KISA called for each exchange to check 85 items identified during earlier inspections conducted in the period from January to March 2018. The regulator is not satisfied with the results.
South Korea: $4.4 Billion to Become a Powerhouse of Innovation
17 August 2018   
In 2019, the South Korean government will invest more than $4.4 billion in the development of innovative technologies, including blockchain.
1 2 3 4