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Terra LUNA Co-Founder Daniel Shin to Testify at South Korea’s National Assembly
After Terra co-founder Do Kwon was listed as a wanted man by Interpol, counterpart Daniel Shin has been wrapped in as one of the witnesses at South Korea's National Assembly. The post Terra LUNA Co-Founder Daniel Shin to Testify at South Korea’s National Assembly appeared first on BeInCrypto. дальше »
2022-9-28 14:00 | |
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Terra Market Collapse and Tax Liabilities Could Force South Korea to Rethink Regulations
South Korea's National Assembly and the government are reportedly considering stricter crypto legislation following an emergency probe into the Terra market collapse. The post Terra Market Collapse and Tax Liabilities Could Force South Korea to Rethink Regulations appeared first on BeInCrypto. дальше »
2022-5-19 10:30 | |
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South Korean Politician Demands Parliament To Investigate TerraUSD’s Collapse
The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from South Korean Newschannel “Newspim” on Tuesday, May 17, at a plenary meeting of the National Assembly’s Political Affairs Committee, Yoon Chang-Hyeon stated; We should bring […] дальше »
2022-5-19 23:00 | |
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South Korean lawmaker suggests summoning Do Kwon to the national assembly
Yun Chang-hyeon, a lawmaker in South Korea’s ruling party, People’s Power, has suggested summoning Terraform Labs’ founder Do Kwon to a parliamentary hearing. The post South Korean lawmaker suggests summoning Do Kwon to the national assembly appeared first on CryptoSlate. дальше »
2022-5-18 04:00 | |
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South Korea Postpones Crypto Tax, Looking For Votes?
South Korean National Assembly Strategy and Finance Committee approved an amendment to delay to 2023 the taxation that imposes an annual 20% capital gains tax for crypto trading with over 2.5 million Won (US$2,125) in earnings, just after the same taxation had been rushed to happen in 2022 as the lawmakers said postponing it would […] дальше »
2021-12-4 02:58 | |
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South Korea pushes ambitious crypto tax to 2023
South Korea’s crypto tax plans appear to have hit a snag as the country’s National Assembly has passed a bill pushing the implementation of the tax bill into 2023. South Korea’s crypto tax bill get 2023 date In one of CryptoSlate’s previous reports, it was stated that the country had proposed to impose a 20% […] The post South Korea pushes ambitious crypto tax to 2023 appeared first on CryptoSlate. дальше »
2021-12-2 11:00 | |
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South Korea’s Finance Ministry Pushes Crypto Tax to 2023
South Korea’s National Assembly passed a bill pushing the planned tax on crypto capital gains until 2023, according to the country’s finance ministry. The post South Korea’s Finance Ministry Pushes Crypto Tax to 2023 appeared first on BeInCrypto. дальше »
2021-11-30 16:04 | |
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South Korea Financial Services Commission Says NFTs Are Taxable
According to the FSC’s vice chairman’s speech in the National Assembly on Nov. 22, 2021, South Korea will tax select NFTs. The FSC’s VC said that the tax plan would begin on Jan. 1, 2022. The move is somewhat controversial, as it seems to be a turnaround from the Financial Minister’s stance on the ‘safety’Read More дальше »
2021-11-24 00:00 | |
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South Korea's crypto-tax plans in muddy, political waters now
A subcommittee under South Korea's National Assembly again discussed delaying a crypto-tax on 15 November. After multiple back and forth, the proposal for a 20% tax on crypto-trading gains is set to gThe post South Korea's crypto-tax plans in muddy, political waters now appeared first on AMBCrypto. дальше »
2021-11-15 21:00 | |
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South Korean Opposition Challenges Crypto Tax, Pushing for Delay Until 2023
The opposition party in South Korea’s National Assembly is looking to revise the recently announced enforcement on cryptocurrency taxes. The post South Korean Opposition Challenges Crypto Tax, Pushing for Delay Until 2023 appeared first on BeInCrypto. дальше »
2021-10-12 16:13 | |
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Crypto Investing has Left Gen Z Koreans With Massive Debt, Claims Government Official
A member of South Korea’s National Assembly has stated that the debts of the country’s younger generation saw a massive increase due to investment in cryptocurrency, stocks, and real estate. дальше »
2021-7-9 23:00 | |
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South Korean Politicians Won’t Be Required to Disclose Their Crypto Holdings After Proposals Failed to Pass the National Assembly
South Korean politicians won’t be required to disclose their crypto holdings or crypto-related earnings as no fewer than three cryptocurrency-related bills failed to pass the National Assembly. дальше »
2021-1-6 20:30 | |
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South Korea’s National Assembly Approves Amendment to Push Crypto Tax Rule to January 2022
South Korea is set to enforce its upcoming crypto tax law in January 2022 instead of the earlier proposition of October 2021. This will give crypto stakeholders operating within its jurisdiction one more year to sort out in-house tax reporting infrastructure. дальше »
2020-12-3 22:19 | |
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South Korea Approves Postponing Crypto Tax Enforcement Until 2022
South Korea’s National Assembly has approved the postponement of the country’s 20% cryptocurrency tax enforcement until early 2022. This conclusion was reached after recent regulatory talks concerning the amendment of several tax laws in the country. дальше »
2020-12-1 13:34 | |
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Korea’s National Assembly Suggests Delaying Income Tax Rule on Crypto Assets to Jan 2022
South Korean lawmakers have allegedly proposed to delay the upcoming income tax rule on crypto-assets by three months from its scheduled commencement date in October 2021. According to the Dong-a Ilbo, a South Korean media which first reported this news, the law might come into effect later in January 2022. дальше »
2020-11-26 20:59 | |
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South Korea: Crypto Tax Law Might Be Postponed Until 2022
South Korea’s National Assembly may grant a three-month extension for the enactment of its planned crypto tax policy following consultations with industry stakeholders. Several commentators within the country’s cryptocurrency space still argue that levying taxes on virtual currency trading gains will likely stifle the growth of crypto commerce in the country. дальше »
2020-11-25 16:30 | |
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South Korea Lawmakers Mull New Crypto Legislation
South Korea’s National Assembly is working with industry stakeholders to draft a “Virtual Asset Business Law. ” With the country falling behind the likes of China in the emerging digital economy, South Korean lawmakers and blockchain industry insiders are working to create clear-cut regulations for digital assets. дальше »
2020-10-8 18:57 | |
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South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF). дальше »
2020-3-8 20:38 | |
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South Korean National Assembly Passing Of Two Amendments, Making Crypto Legal
First, it was India, now South Korea has taken a positive step towards cryptocurrencies. The recent amendment of the Act on Reporting and Use of Specific Financial Information passed today during a session of the National Assembly, which officially allows crypto trading and holding. дальше »
2020-3-6 21:03 | |
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South Korean Parliament Legalizes Bitcoin Trading
The National Assembly of South Korea unanimously approved what could be the official entry of cryptocurrency trading and holding into the nation’s legal system. Cryptocurrency Trading Is Now Legal in...The post South Korean Parliament Legalizes Bitcoin Trading appeared first on Crypto Briefing. дальше »
2020-3-6 16:35 | |
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South Korea Passes Milestone Regulation, Exchanges to Work with Banks for Real-Name Accounts
South Korea’s National Assembly has just passed regulations that will result in a ‘restructuring of cryptocurrency exchanges. ’ The ramifications of the new laws are enormous, resulting in mandating real-name accounts on exchanges as a means to curb money laundering. дальше »
2020-3-5 15:10 | |
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Breaking : Crypto Trading is now legal in South Korea
In a dramatic turnaround, the South Korean parliament, the National Assembly, has voted in favor of the country’s first cryptocurrency-specific legislation in the past few hours. Bitcoin is currently trading at 9080$. дальше »
2020-3-7 13:17 | |
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South Korea's parliament reportedly 'legitimizes' Cryptocurrency as a legal entity
According to reports, a full session of the National Assembly of the South Korean parliament has passed an amendment to the Act on Reporting and Use of Specific Financial Information. Owing to this amThe post South Korea's parliament reportedly 'legitimizes' Cryptocurrency as a legal entity appeared first on AMBCrypto. дальше »
2020-3-5 13:00 | |
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Breaking: Cryptocurrency Now Fully Legal in South Korea
In another significant development for the cryptoverse, the South Korean National Assembly has officially passed the “Act on Reporting and Use of Specific Financial Information” bill into law, making cryptocurrency trading and holding a legal activity in the nation, reports TheNewsAsia on March 5, 2020. дальше »
2020-3-6 12:00 | |
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World’s Largest Shipbuilder Still Full Steam Ahead With Blockchain Drive
Hyundai, South Korea’s second largest business conglomerate, still seems to continue with its endless blockchain drive, commissioning its lucrative shipbuilding subsidiary to adopt the technology. дальше »
2019-6-3 18:34 | |
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South Korea Submits Six Cryptocurrency-Related Bills To The National Assembly For Market Regulation
South Korea Submits Cryptocurrency-Related Bills To The National Assembly To Regulate The Market According to data provided to news. Bitcoin. com by South Korea’s top financial regulator, the Financial Services Commission (FSC). дальше »
2019-1-1 23:42 | |
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South Korea Ends Year With 6 Bills to Regulate Crypto Industry
South Korea’s top financial regulator has exclusively shared with news. Bitcoin. com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and to ensure the safety and reliability of crypto transactions. дальше »
2018-12-31 07:58 | |
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National Assembly of South Korea has held crypto regulation debate with local crypto exchanges
The National Assembly of South Korea has held a crypto regulation debate arranged by major local cryptocurrency exchanges, Cointelegraph reported. The topics of the debate were proposed by seven crypto exchanges – Bithumb, CobitCoin, Coinone, Upbit, Gopax, Coinplug and Hanbitco. дальше »
2018-12-11 13:03 | |
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First Official Debate About Cryptos To Happen On South Korea’s National Assembly
First Official Debate About Cryptos To Happen On South Korea’s National Assembly: Possible Outcomes The world is set on regulating cryptocurrencies. Today, December 10, South Korea's National Assembly is set to reunite and discuss the future of crypto in the country. дальше »
2018-12-10 22:31 | |
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South Korea’s National Assembly and Congress to Hold First Official Crypto Debate
CoinSpeaker South Korea’s National Assembly and Congress to Hold First Official Crypto Debate On December 10, South Korea’s National Assembly along with several members of the Congress will have the first official debate in this country about crypto involving high profile government officials. дальше »
2018-12-10 13:52 | |
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South Korea Is Trialing Blockchain Voting — Here’s What That Means
South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time. дальше »
2018-12-4 21:41 | |
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South Korea is planning on taxing ICOs and cryptocurrencies
The government of South Korea is reportedly planning on taxing initial coin offerings (ICOs) and cryptocurrencies, according to a document submitted by finance minister nominee Hong Nam-ki, the CryptoGlobe reported. дальше »
2018-12-3 19:05 | |
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Australian Women Steals almost Half a Million Ripple XRP
In a report published October 25, 2018, police in New South Wales announced the arrest of a woman responsible for stealing more than $450,000 worth of XRP. Theft Details The woman was caught after the assembly of a new task force called Strike Force Rostrevor that was established in January to investigate the sudden loss of the victims Ripple tokens. дальше »
2018-10-27 09:00 | |
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South Korea Mulls Lifting ICO Ban in November, Will Crypto Prices Surge?
While delivering her keynote at the 2018 Korea Blockchain Expo, chairperson of The National Assembly Special Committee, Lee Hye-hoon, said the blanket Initial Coin Offering (ICO) ban will be lifted in the “near future”. дальше »
2018-10-24 15:30 | |
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South Korean Financial Regulator Maintains Negative Stance on Cryptocurrencies
The top financial regulator of South Korea doesn’t believe that cryptocurrencies and initial coin offerings (ICOs) have positive connotations. During the parliamentary audit sessions of the Financial Services Commission (FSC) at the National Assembly on Oct. дальше »
2018-10-18 16:59 | |
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Head of Korea’s Top Financial Regulatory Body Reaffirms Stance Against ICOs
On October 11, Chairman of Korea’s Financial Services Commission Choi Jong-koo reaffirmed his negative stance against virtual currencies and initial coin offerings (ICOs) in a statement given to Korea’s National Assembly. дальше »
2018-10-13 02:41 | |
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South Korean Government to Decide on Cryptocurrency ICO Legalization in November
A South Korean official has said that the government is likely to announce its official stance on cryptocurrency ICOs in November. This statement was made during a National Assembly audit on Wednesday. дальше »
2018-10-12 10:16 | |
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South Korea Mulls Over Reversing Ban on ICOs
South Korean legislators are planning to chase the road to clear their stance on Initial Coin Offerings (ICO) in November this year. Despite the government’s on-again-off-again relationship with cryptocurrencies, a National Assembly committee has mooted to revamp the cryptocurrency policies in the country on October 10, 2018. дальше »
2018-10-12 09:00 | |
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South Korean Regulators Discuss Proposals for ICO Legislation
Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. дальше »
2018-10-6 08:15 | |
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South Korean Lawmakers Propose the Legalization of ICOs
South Korea has maintained a reasonably negative stance on cryptocurrencies and initial coin offerings (ICOs) since their blanket ban in September 2017. According to Business Korea’s article released on October 4, 2018, however, the National Assembly is looking to convince the government to remove the ICO ban as it may undermine South Korea’s future competitiveness. дальше »
2018-10-5 09:00 | |
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South Korea’s Chief Policy Maker Insists on Legalizing ICOs
In a recent speech given to the National Assembly, Chairman of South Korea’s National Policy Committee Min Byung-Doo urged Korean regulators to legalize initial coin offerings (ICOs). дальше »
2018-10-4 22:11 | |
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South Korea: ICOs and Blockchain Top Priority for Ongoing ‘Extraordinary’ Meeting
The South Korean National Assembly has kickstarted an “extraordinary” meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported. дальше »
2018-8-23 03:00 | |
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South Korean Lawmakers Examine ICO and Blockchain Legislation
The South Korean National Assembly is holding an extraordinary session to examine ICO and blockchain legislation in the country. Details of the Session On August 20, the South Korean National Assembly held a brief, extraordinary session to discuss the promotion of the blockchain and cryptocurrency industries and to create guidelines on ICOs. дальше »
2018-8-22 19:15 | |
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South Korea’s National Assembly Keen to Discuss ICO Guidelines and Blockchain Technology
According to Business Korea, the National Assembly of South Korea convened in an extraordinary session to discuss different ways to promote cryptocurrency and blockchain technology. Although South Korea enacted a blanket ban on initial coin offerings (ICOs) in September 2017, the National Assembly is interested in creating new guidelines for the ICO industry. дальше »
2018-8-23 15:15 | |
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South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently
South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. There are currently several crypto-related laws pending at the National Assembly. дальше »
2018-7-28 09:45 | |
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South Korean Legislators Working to Fast-Track Cryptocurrency and Blockchain Regulations
Members of South Korea's political parties will present their draft bills and debate on it during an extraordinary session of the National Assembly, from July 13 to 26. The post South Korean Legislators Working to Fast-Track Cryptocurrency and Blockchain Regulations appeared first on CoinSpeaker. дальше »
2018-7-12 09:07 | |
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