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Crypto Custody Could Help Keep South Korea’s Biggest Exchanges Afloat
4.3.2020
South Korean cryptocurrency exchanges have been suffering as trading volumes continue to remain low or stagnant in what was once one of the world’s busiest bitcoin (BTC) and altcoin markets.
The downturn in trading has already seen many exchanges go out of business in recent months....
13,000 ATMs in South Korea to Support Litecoin Withdrawal and Remittances
28.2.2020
The Litecoin Foundation hopes to drive LTC adoption in Asia through the new partnership with MeconCash
South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System
27.2.2020
South Korea’s NongHyup Bank rolls out first commercial use of blockchain ID technology backed by tech giant Samsung
RippleNet to Boost Remittances Across Asia WIth New Partnerships
26.2.2020
A group of companies in South Korea and Philippines have joined RippleNet to bolster the remittance business
South Korea’s Bithumb Launches Zero Fee Transfers to Global Platform
26.2.2020
Bithumb users can now instantly move Bitcoin and Ether to Bithumb Global with zero fees
South Korean Tax Policy Association Proposes Two-Step Tax on Cryptocurrencies
25.2.2020
Cryptocurrency is here to stay in South Korea as tax experts are looking into how to tax traders
Tax and KYC Issues Plague Upbit's Foreign Withdrawals, Exchange Says
20.2.2020
South Korean crypto exchange Upbit still bans foreign clients from withdrawing funds
South Korea’s Central Bank Is Building a New Blockchain System for the Bond Market
20.2.2020
The Bank of Korea is reportedly looking to build a blockchain system for the Korean bond market
Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible
19.2.2020
Contents Protocol will refund approximately $7.5 million-worth of ether back to investors
Korean ICO Contents Protocol Shuts Down, Will Return $7.5M to Holders
19.2.2020
South Korean ICO project Contents Protocol will return the majority of its initial funds to token holders
Bank of Korea Seeks to Deploy Blockchain in Bond Market: Report
18.2.2020
South Korea’s central bank is working on a project to distribute bond records on the blockchain, a report says
Bithumb to Get Wall Street-Level Fintech Expertise via New Partnership
17.2.2020
Major South Korean crypto exchange Bithumb to partner with BitMax, accessing the latter’s Wall Street-level fintech expertise
South Korea Commits $16M to Training Future Digital Finance Experts
13.2.2020
South Korean government is investing $16 million in future digital finance experts
Huobi Joins Multinational Alliance Klaytn Governance Council
10.2.2020
Huobi latest addition to roster of multinational Klaytn Governance Council
South Korean Bankers, Crypto-advocates Hope to Drive Crypto Tax Law
4.2.2020
South Korea is inching closer to crypto tax legislation after a gathering of bankers, politicians and blockchain industry officials appeared to reach a consensus at a meeting held at the country’s parliament in Seoul.
Per Jose Ilbo, the event was co-chaired by the Korea Blockchain Association,...
Is the Future of Blockchain Tech Innovation in the East?
1.2.2020
China, South Korea or India: Who will replace the U.S. as the world’s tech leader?
Altcoin Delisting Claims Some Surprising Casualties in South Korea
28.1.2020
Some of South Korea’s leading crypto exchanges have apparently begun coin purges for low-volume tokens – but there could be a catch for the exchanges and the South Korean cryptocurrency industry as a whole, as a number of delisted tokens are Kakao Klaytn partners.
Per a report from South Korean...
South Korea Considers 20% Crypto Tax
20.1.2020
Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal
South Korea Mulls 20% Crypto Tax Plan, Russia Also Wants to Tax Tokens
20.1.2020
The South Korean government is reviewing a proposal that could see it introduce a tax on cryptocurrencies. Meanwhile, new Russian Prime Minister Mikhail Mishustin appears keen to see the government adopt a crypto tax law by spring 2020.
Per news agency Yonhap, the Korean finance ministry...
South Korea Considers Imposing a 20% Income Tax on Cryptocurrencies
20.1.2020
South Korean regulators are reportedly considering a 20% income tax on income from crypto transactions