2023-3-2 17:58 |
The state of South Dakota has introduced a new bill to redefine the concept of money, particularly concerning cryptocurrencies.
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South Korea prepares for crypto regulations as the National Assembly passed the bill in the first phase of review. The post South Korea’s Crypto Regulation Bill Passes First Stage appeared first on BeInCrypto.
2023-4-26 13:46 | |
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South Korean authorities contemplate the outcome of new bill around listing of cryptocurrencies However, South Korean regulators were divided on the idea As per a local news report from The post South Korea contemplates control over crypto listings after... appeared first on AMBCrypto.
2022-12-13 01:00 | |
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The National Assembly of South Korea is collaborating with the country’s Financial Services Commission on a bill that seeks to introduce greater oversight of crypto firms and introduce tough punishmThe post South Korean lawmakers seek tough punishments for crypto fraud appeared first on AMBCrypto.
2022-11-2 20:00 | |
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SEOUL, South Korea – A European Union official told attendees at the Korea Blockchain Week conference in Seoul on Tuesday that the Terra collapse would have been impossible under the regulatory requirements laid out in the EU’s Markets in Crypto Assets (MiCA) bill.
2022-8-10 15:47 | |
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The government announced its 2022 Tax Reform Bill on Thursday, which states the planned virtual asset tax, already delayed by a year, will be postponed further.
2022-7-21 12:38 | |
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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.
2021-12-2 11:00 | |
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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.
2021-11-30 16:04 | |
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On Monday, President Joe Biden signed the $1 trillion infrastructure bill that contains the controversial over-reaching cryptocurrency tax definition. The bill-signing ceremony was held on the White House South Lawn, where members of both parties came as a bipartisan show of support for the new legislation.
2021-11-17 19:31 | |
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South Korean lawmakers from the opposition People Power Party (PPP) are formulating a bill aimed at postponing the January 1, 2022 implementation of the 20-25 percent crypto tax law in the nation to 2023.
2021-10-12 23:00 | |
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In recent times, regulators in South Korea have taken significant steps to make sure the crypto space is well regulated. From cracking down on "unlicensed" exchange platforms to implementing tax on crThe post Will South Korea delay bill dealing with tax on crypto gains appeared first on AMBCrypto.
2021-10-11 17:00 | |
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South Korea’s ruling party, the Democratic Party of Korea, is planning to pass a bill that postpones the taxation of virtual assets before January 1, 2022. A report disclosed this news earlier today, noting the ruling party objected to Deputy Prime Minister and Minister of Strategy and Finance Hong Nam-ki’s question of whether the Ministry […] The post South Korea’s ruling party plans to pass a bill to delay crypto taxation appeared first on Invezz.
2021-9-17 21:37 | |
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Proposed digital assets taxation bill will not pass in 2021 as planned
2021-9-16 13:26 | |
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South American nation, Paraguay, has proposed a bill that will legally recognize Bitcoin (BTC/USD) as its official currency. The move is coming after El Salvador made a similar proposal, making Bitcoin legally accepted for the payment of goods and services.
2021-6-27 11:55 | |
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The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital assets and increase their liability in case of a hack, local news outlet Naver reported today.
2021-5-7 19:00 | |
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The online marketplace company also posted a larger quarterly loss, hit by a higher tax bill. Meanwhile, its fintech arm, Mercado Pago, reported a surge of 81. 8% in total payment volume during the pandemic.
2021-5-7 17:26 | |
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The South Korean lawmakers are reportedly making plans to push a three-month delay on the imposition of a tax law amendment bill that the government had proposed on virtual currencies. The bill aims to impose income tax on investments in cryptocurrencies like Bitcoin, ETH, and the likes and have been enforced to commence from October […]
2020-11-26 00:23 | |
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Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced.
2020-7-24 04:58 | |
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The solutions around blockchain tech are gradually being considered by stakeholders such as legislators looking to create a sustainable ecosystem for digital assets. It is, therefore, no surprise that South Carolina has passed a bill named ‘A Senate Resolution To Acknowledge The Importance Of Emerging Blockchain Technology And To Call Upon The Residents Of South […]
2020-3-14 22:56 | |
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The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more than 800 delegates discussed crypto regulations.
2020-3-10 05:00 | |
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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).
2020-3-8 20:38 | |
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South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation.
2020-3-6 00:30 | |
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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.
2020-3-6 12:00 | |
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According to local reports from The Korean Times, the largest crypto exchange in the country is challenging the latest tax imposed by the National Tax Service (NTS) in a Tax Tribunal in what it terms as a groundless base.
2020-1-16 20:39 | |
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Bithumb crypto exchange is taking South Korean tax officials to court over a $69 million tax bill
2020-1-17 13:26 | |
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The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions.
2020-1-16 12:27 | |
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South Korean cryptocurrency exchange considers litigation after the local tax authority imposed a $68.9 million tax bill on it
2019-12-29 16:02 | |
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Some major regulatory developments in the crypto space have transpired this week. Not only has Germany passed a bill allowing banks to sell and store cryptocurrencies, but South Korea and Thailand are also amending their laws to better regulate the crypto industry.
2019-12-3 16:40 | |
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South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task Force.
2019-11-27 09:20 | |
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The national policy committee of the South Korean National Assembly has approved a bill that would provide a legal basis for cryptocurrencies in the country
2019-11-27 21:44 | |
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The government of South Korea wants all unregistered crypto exchanges in the country to shut down. If they don’t, their owners may go to jail. Recently, lawmakers of the country decided that all exchanges should register with the Financial Services Commission (FSC).
2019-11-22 00:22 | |
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In the midst of an unfavorable political climate in Hong Kong, Telegram, which has been used to organize protests in the region, will launch more privacy-enhancing features on its platform, as reported by South China Morning Post, September 4, 2019.
2019-9-5 09:00 | |
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Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill.
2019-6-22 13:05 | |
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Bittrex Leads a $1. 5 Million Seed Round for VALR to Promote “Untapped Potential” of the South African Market The South African market for cryptocurrency is starting to grow, which Bittrex CEO Bill Shihara wants to be a part of.
2019-3-1 06:13 | |
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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.
2018-12-31 07:58 | |
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A South Korean lawmaker has reportedly introduced a bill to promote cryptocurrency trading and the development of crypto exchanges. In addition to requirements such as capital, manpower, and internal systems, the bill proposes establishing a committee to promote and support crypto trading.
2018-11-29 05:15 | |
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A South Korean lawmaker has reportedly introduced a bill to promote cryptocurrency trading and the development of crypto exchanges. In addition to requirements such as capital, manpower, and internal systems, the bill proposes establishing a committee to promote and support crypto trading.
2018-11-29 05:15 | |
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A South African law firm has published a short essay on proposed tax legislation for cryptocurrency in the country. Cox Yeats Attorneys, a Durban-based firm, argues that the Taxation Laws Amendment Bill, published by the National Treasury in July, will be bad for the digital asset industry, according to local media reports.
2018-11-26 18:15 | |
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French lawmakers have adopted an amendment to the 2019 budget bill that will cut capital gains tax on bitcoin sales to 30 percent from 36. 2 percent. This will bring cryptocurrency transactions in line with other non-real estate assets, which are taxed at a flat rate of 30 percent.
2018-11-8 02:00 | |
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As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.
2018-9-21 01:04 | |
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Local crypto exchanges and blockchain-related non-profit associations have started to formally protest against the government of South Korea for its controversial decision to remove cryptocurrency businesses from its tax reduction bill.
2018-8-14 04:00 | |
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Coins. ph Allows 5 Million Users To Pay Bill In Cryptocurrencies South East Asia has been catching up with the western world in crypto adoption. This narrative continues with a new development coming out of Philippines.
2018-8-10 19:03 | |
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Regulation 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. Japan Confirms Entrance Into the Crypto Space Crypto Law Urgently Needed South Korea’s top financial regulator, the Financial Services Commission (FSC), has urged lawmakers to “pass the country’s
2018-7-28 11:06 | |
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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.
2018-7-28 09:45 | |
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Cryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed.
2018-7-28 23:45 | |
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Following a billions-worth heist of cryptocurrency exchanges, South Korea’s financial regulator urged lawmakers to pass the bill bringring exchanges under the FSC’s direct supervision. Over a month ago, two largest cryptocurrency exchanges, operating in South Korea became victims of infamous hackers’ attacks.
2018-7-28 23:10 | |
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Following a billions-worth heist of cryptocurrency exchanges, South Korea’s financial regulator urged lawmakers to pass the bill bringring exchanges under the FSC’s direct supervision. The post South Korea’s Watchdog Hurries Lawmakers Pass the Country’s First Cryptocurrency Bill appeared first on CoinSpeaker.
2018-7-27 15:50 | |
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On 25th July, South Korean officials made it clear that the country’s governing bodies must come together to enforce cryptocurrency regulations. This comes in the wake of major hacks that has threatened to destabilize the financial markets as well as dissuade people from adopting cryptocurrencies on a larger scale. South Korea is making a steady progress […]
2018-7-27 23:34 | |
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As the cryptocurrency industry reels under pressure due to the high number of crypto crimes and continued security threats, the Regulators urged the government of South Korea to bring in new legislation at the earliest.
2018-7-27 22:12 | |
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Korea’s Financial Services Commission has urged lawmakers to hasten approval of the country’s first crypto bill
2018-7-26 21:30 | |
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The Fed's rate cut may signal a shift towards more politically influenced monetary policy, impacting market dynamics and economic growth strategies. The post Fed cuts rates by 25 basis points, pushing Bitcoin to a new all-time high of $76.7K appeared first on Crypto Briefing.
Wang's collaboration with the government could enhance regulatory oversight and deter future crypto exchange fraud, impacting the industry's trust. The post FTX CTO helps US government build crypto exchange fraud detection tools in bid to avoid prison appeared first on Crypto Briefing.
Caroline Ellison starts her 2-year prison sentence related to FTX fraud, following her cooperation leading to Sam Bankman-Fried's conviction. The post FTX fraudster Caroline Ellison starts her 2-year prison term in Connecticut appeared first on Crypto Briefing.
A potential leadership change at the SEC could significantly alter the regulatory landscape for cryptocurrencies, impacting industry compliance. The post Commissioner Mark Uyeda favored as next SEC chair appeared first on Crypto Briefing.
Changpeng Zhao moves on from Binance leadership, sharing insights on his passive role, company transitions, and new investment pursuits. The post CZ says he’s fully detached from Binance operations: ‘I’m just a regular shareholder now’ appeared first on Crypto Briefing.
The Polish Financial Supervision Authority has added four new entities to the public warning list, including operator of Crypto. com. Editor’s note: this article has been updated to include a statement from Crypto.
A ban on Polymarket in France could set a precedent for stricter global regulations on crypto-based prediction markets, impacting their growth. The post Polymarket faces potential ban in France amid gambling concerns appeared first on Crypto Briefing.