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Nalezeno "Seoul": 111

Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies


South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been...

Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals


Public officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of a Korean lawmaker, quoted by local media. Former Financial Officials Hired by Major...

Finance Committee Approves Legislation Delaying Crypto Tax in South Korea


Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...

Seoul to Launch ‘Metaverse’ Public Service Platform in 2022


Seoul says that it will become the first local government in South Korea to launch a metaverse public service platform. The initiative is the brainchild of the Seoul Metropolitan Government, which will launch a metaverse platform as part of its attempts to create a “contactless communication...

Seoul to Hold Firm on Crypto Tax Launch, Suggests NFT Tax May Follow


dozen or so non-big four crypto exchanges are allowed to go bust.A number of online petitions have called on the government to reverse its bid to begin taxing crypto trading profits at a flat rate of 20% from January 1. Seoul will order tax filings from anyone earning over USD 2,1

More Crypto Regulation May Be on its Way in South Korea, Japan


strengthen the monitoring of crypto exchanges” to ensure that they return customer deposits in a timely manner and follow other regulatory protocols.Koh was speaking to reporters after meeting with the heads of eight policy and financial institutions at Seoul, where he discussed crypto a

Korbit Reopens Offline Customer Service Center in Seoul’s Busy Gangnam


Trading volumes may have dipped recently at crypto exchanges in South Korea and regulatory issues continue to plague the industry, but some trading platforms are staying positive – and the nation’s first-ever exchange has taken the bullish step of reopening its flagship bricks-and-mortar customer...

Korean Government Confiscates $47 Million in Crypto From Tax Evaders


South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars. Tax Agents Target Wealthy Tax Evaders...

Korean Exchanges Delist High-risk Coins as They Face Tough Regulations


Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. South Korean Exchanges Wipe Trading...

Employee Found Mining Ethereum Beneath Seoul’s Premier Opera House


Seoul Arts Center, An employee at South Korea’s most prestigious arts center and opera house – the Seoul Arts Center, in the affluent south-central part of the capital – has been found secretly mining Ethereum (ETH) in a basement room, using the center’s electricity. Per Hangook Ilbo and YTN,...

South Korea to Crack Down on Phishing Websites Attacking Crypto Users


South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users. Over 30 sites have been taken down in just three months this year. Seoul...

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