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North Korea’s Crypto Extortion Efforts Have Expanded Considerably in 2020
28.7.2020
A new ransomware from North Korea targets major companies
Stablecoin Adoption Skyrockets in Rural South Korean Province
28.7.2020
A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption
Regulatory Attention and Fraudsters: Bad Crypto News of the Week
26.7.2020
Check out this week’s Bad Crypto podcast
Chainlink Brings FX Rates Data From Top Korean Banks to DeFi
25.7.2020
Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime
Former Ethereum Researcher Seeks a Change of Venue for North Korea Court Case
24.7.2020
Ethereum Researcher Virgil Griffith seeks a court venue change as well as internet usage as part of ongoing legal ordeal
Four of South Korea’s Biggest Banks to Provide Data for DeFi Platform
24.7.2020
Four major South Korean banks said they will contribute to a blockchain-powered decentralized finance (DeFi) solution for foreign currency exchange rates.
Per D Daily, Shinhan Bank, IBK Bank, KEB Hana Bank and Nonghyup (NH Bank) will take part in a joint project involving Oracle’s Chainlink (LINK)...
South Korean Police Investigate Who Leaked the Crypto Tax Bill
24.7.2020
Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
Bank of Korea Launches a Department Devoted to Blockchain and AI
22.7.2020
Bank of Korea is launching a digital innovation department that will leverage blockchain and AI to improve business efficiency
South Korea Will Air a Crypto-Themed TV Series in October
22.7.2020
“Romantic Hacker” will feature a K-pop star whose story is based on the hack of a fictitious crypto exchange
Korean Government Proposes Tough New 22% Tax on Crypto Trading
22.7.2020
Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal
South Korea Finalizes Cryptocurrency Income Tax of 20%
22.7.2020
South Korea has finalized a new 20% tax rate for income generated from crypto trading
S Korea To Discriminate Crypto Traders Against Stock Traders With A New Tax
22.7.2020
The South Korean government has unveiled its crypto tax proposals – with traders who earn over USD 2,100 a year set to pay 20% tax on their earnings.
This limit is considerably lower for stock market traders, who do not need to pay tax on earnings (also 20%) of up to USD 42,000 from investments...
Crypto Scammer Sentenced by South Korean Authorities
21.7.2020
Man sentenced to two years and six months in prison after multi-million dollar crypto fraud
Korean Exchanges Struggle With Expansion Amid Uncertain Regulations
20.7.2020
Cryptocurrency exchanges in Korea shrink within national boundaries due to lack of regulatory clarity
South Korean Giant Hanwha Invests $3M in Crypto Disclosure Startup
16.7.2020
Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group
South Korea Might Soon be Spending Billions on Blockchain Development
14.7.2020
President Moon Jae-in wants to allocate billions of dollars to strengthen industry 4.0 technology
South Korea Could Issue a Crypto Capital Gains Tax as High as 20%
13.7.2020
Crypto taxation in South Korea could increase to 20% for capital gains
Why Banks Keep Blocking Cryptocurrency-Related Transactions
12.7.2020
The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry
South Korea Brings Blockchain to Healthcare, but That’s Just the Start
11.7.2020
Healthcare is among the first industries in South Korea to receive the benefits of data management and storage on blockchains