As per the Special Reporting Act, income tax laws will be applicable to cryptocurrency ownership in South Korea, as of October 2021. However, the provisions of...
South Korean crypto-exchange Bithumb was in the news this year after it was levied a tax of 80.3 billion won ($60.2 million) by the country’s National...
Samsung SDS, the IT arm of the South Korean multinational business Samsung group will begin testing a blockchain-powered distribution system that will offer better management of...
A judge in the Seoul Central District Court today announced a ruling regarding a lawsuit filed by three users of Bithumb Korea who claimed $126,000 and...
The crypto-scene in Asia, at the moment, is not very pretty. While BitMEX Japan shut down operations recently owing to the newly amended crypto-regulations as per...
“That’s one small step for man, one giant leap for mankind.” The immortal words of Neil Armstrong, the first man to walk on the moon, are...
The onset of the COVID-19 pandemic sent the whole world on a rollercoaster ride. And now that financial markets are in the recovery phase, many predict...
One of the world’s leading cryptocurrency exchange platforms, Binance has announced its foray into the South Korean cryptocurrency market via the launch of Binance KR, a...
KB Kookmin, South Korea’s biggest commercial bank, is in between plans of launching a crypto-custody service for digital coins like Bitcoin (BTC) and Ether (ETH), according...
“Privacy is a right, not a privilege” – This ship has long sailed in terms of financial privacy, given the centralized nature of today’s governments. However,...
