2021-2-23 12:43 |
After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation.
origin »
|
The U.S. and South Korea have reportedly partnered to develop tools aimed at countering North Korea-linked crypto thefts and tracking billions of dollars in stolen digital assets. The United States and South Korea are said to be working together to…
2024-12-23 11:50 | |
|
|
One analyst said South Korea’s limiting of the market to a few players helped cause a sudden decrease in liquidity.
2024-12-4 15:44 | |
|
|
Crypto prices crashed hard in South Korea as the local currency plunged to a record low. Bitcoin (BTC) price dropped to 88,197,000 KRW, its lowest level since October 5, before rebounding to 132,000,000 KRW. The cryptocurrency was down by almost…
2024-12-4 19:15 | |
|
|
More than a dozen crypto exchanges in South Korea have closed or suspended operations in 2024, leaving nearly $13 million in assets unclaimed by almost 34,000 subscribers. As South Korea enforces the Virtual Asset User Protection Act, more than a…
2024-10-24 14:27 | |
|
|
South Korea urged caution on spot Bitcoin ETFs, prioritizing financial stability and regulatory review. Kim Byung-hwan emphasizes investor protection over market development in cryptocurrency pThe post South Korea FSC chairman: 'Difficult for crypto to replace legal tender' appeared first on AMBCrypto.
2024-7-24 02:00 | |
|
|
South Korea's new regulations enhance user protection in the cryptocurrency industry. VASPs must keep 80% of user crypto deposits in cold storage. South Korea boasts one of the world's most The post South Korea implements new crypto regulations, details here appeared first on AMBCrypto.
2024-7-21 09:00 | |
|
|
Some cryptocurrencies might be on chopping block in South Korea
2024-6-16 14:39 | |
|
|
OkayCoin's William Miller says growing interest in crypto staking within South Korea has prompted the company to provide dedicated support/services tailored to meet the unique needs of investors.
2024-6-16 23:59 | |
|
|
South Korea’s Ministry of Justice has launched a special task force to combat the increasing prevalence of crypto crimes, signaling a major crackdown on fraud and market manipulation. South Korea is intensifying efforts to clamp down on market manipulation and…
2024-5-28 15:25 | |
|
|
2024-3-22 21:26 | |
|
|
A court in Montenegro ruled Thursday that Terraform Labs co-founder Do Kwon will be extradited to his native South Korea to face criminal charges regarding the May 2022 multibillion-dollar blow-up of the Terra ecosystem.
2024-3-14 22:02 | |
|
|
The U.S. will appeal the ruling of a Montenegro Court to hand Terraform Labs co-founder Do Kwon to South Korea, according to Bloomberg.
2024-3-9 09:43 | |
|
|
South Korea’s People Power Party has decided to delay its intentions to relax cryptocurrency regulations indefinitely. This shift includes halting the initiative to lift the prohibition on domestic spot Bitcoin exchange-traded funds (ETFs), a move initially anticipated by market watchers.…
2024-2-29 14:16 | |
|
|
South Korea to discuss NFTs and spot Bitcoin ETFs with U.S. SEC, potentially reshaping South Korea's virtual asset regulations. The post NFT and Bitcoin ETF Discussions Between South Korea and SEC appeared first on NFT News Today.
2024-2-29 19:01 | |
|
|
A landmark development unifying blockchain tech and sports saw the Chiliz (CHZ) network signing a multi-year collaboration with South Korea’s K-League – a professional football league in the country.
2024-2-19 07:53 | |
|
|
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities.
2023-5-6 20:15 | |
|
|
XRP is now the most traded coin in South Korea in 2023, according to reports from the South Korean analytical provider firm, Kaiko. The coin’s performance can be attributed to the expected positive outcome in the ongoing SEC vs. Ripple…
2023-4-20 15:25 | |
|
|
XRP might benefit from South Korea's regulatory clarity
2023-3-16 15:44 | |
|
|
South Korea’s financial regulator has issued a set of guidelines outlining which types of digital assets will be considered and regulated as securities in the country. By amending its ElectroThe post South Korea issues guidance on security tokens, details inside appeared first on AMBCrypto.
2023-2-6 18:00 | |
|
|
Coinspeaker South Korea Issues Guidelines on Security Tokens Ahead of New Regulation The government of South Korea is very open to crypto as an asset class. South Korea Issues Guidelines on Security Tokens Ahead of New Regulation
2023-2-6 13:51 | |
|
|
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 | |
|
|
South Korea is making a statement as it is making its stance on the cryptocurrency world crystal clear. As of 6 September, the country's top financial regulator revealed plans to launch a distinct digThe post South Korea is getting serious on crypto securities- Here's how appeared first on AMBCrypto.
2022-9-8 07:30 | |
|
|
Crypto. com is one of the world’s fastest growing digital asset trading platform. It has recently spoken about its acquisitions in South Korea which would help in Crypto. com’s South Korea expansion plan.
2022-8-9 04:00 | |
|
|
South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities.
2022-6-4 11:40 | |
|
|
According to Local media accounts, South Korea’s Financial Supervisory Service (FSS) has moved to standardize risk assessment for virtual assets, the FSS reported these details during the “Enactment of the Digital Asset Framework Act and Emergency Inspection of Coin Market Investor Protection Measures” conference.
2022-6-1 21:59 | |
|
|
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.
2022-5-19 10:30 | |
|
|
South Korean executive has been arrested for helping North Korea obtain sensitive military information
2022-4-28 17:40 | |
|
|
On Thursday, March 10, Yoon Suk-yeol, the leader of South Korea’s largest opposition party clinched victory, becoming the president-elect after scooping roughly 49% of the votes using among other campaign strategies, a platform that appealed to crypto enthusiasts.
2022-3-11 21:38 | |
|
|
LABEL Foundation recently gained authorization from one of South Korea's main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson The post LABEL Foundation debuts on top digital asset exchange in South Korea appeared first on AMBCrypto.
2022-2-25 09:00 | |
|
|
2021 was a year of change in South Korea as the administration announced several legislations in the crypto-space. And now, at the start of 2022, a new announcement from the National Statistical OfficThe post South Korea: Bitcoin investigations to ascertain household holdings appeared first on AMBCrypto.
2022-1-25 00:30 | |
|
|
2021 was a year of political turmoil for crypto businesses in South Korea. After several regulatory shakeups, the country is finally ready to tax digital assets from 2023. With that, South Korea isThe post Crypto politics heats up with upcoming presidential elections 2022 in South Korea appeared first on AMBCrypto.
2022-1-3 13:30 | |
|
|
Shiba Inu is now available for trading in South Korea, which is known for its stringent regulations
2021-11-25 19:10 | |
|
|
With the dust clearing after a great deal of regulatory rumbling and chaos, crypto-investors in South Korea now have a better idea of where they may need to go in order to continue trading. HoweverThe post South Korea: Are recent crypto-regulations paving the way for Upbit's dominance appeared first on AMBCrypto.
2021-10-27 18:30 | |
|
|
As the laws are getting stricter in South Korea, tax filings in the country will also include crypto earnings from 1 January 2022, as per local reports. Earlier, South Korean authorities were mulling The post No deferral on taxation law, South Korea to tax crypto gains 2022 onwards appeared first on AMBCrypto.
2021-10-2 19:00 | |
|
|
South Korea is continuing cryptocurrency trading crackdown
2021-9-17 11:43 | |
|
|
South Korea is a curious case study. While for many it has been a country fairly conducive to the crypto-community, recent regulatory steps seemed to suggest otherwise. Consider this - A while backThe post South Korea postpones proposed crypto-taxation policy to next year appeared first on AMBCrypto.
2021-9-17 23:30 | |
|
|
Bithumb, Coinone, and Korbit, three of South Korea's most-prominent crypto-exchanges, have finally met the country's regulatory conditions and reached deals with banks before the 24 September deadlineThe post South Korea's 'big four' crypto-exchanges secure real-name account deal appeared first on AMBCrypto.
2021-9-11 01:30 | |
|
|
The Special Provisions Act is set to come into effect from 25 September in South Korea and this has left many exchanges panicking. Popular crypto-banking platform Sandbank is one of them, with the firThe post South Korea: Crypto-bank decries lack of 'clear authoritative interpretation' appeared first on AMBCrypto.
2021-8-27 01:00 | |
|
|
Crypto-regulations recently introduced in South Korea have created a slew of problems for companies in the space. Following numerous major steps taken by Bithumb to comply with the regulatory requiremThe post South Korea: Bithumb's latest severance of ties casts shadow on recent regulations appeared first on AMBCrypto.
2021-7-18 01:30 | |
|
|
Although the government tried to regulate the space, new rules have added to the woes of the crypto businesses in South Korea. As per the latest updates, South Korean banks were avoiding extending theThe post South Korea: Here's the dilemma exchanges are facing appeared first on AMBCrypto.
2021-7-12 14:00 | |
|
|
Crypto regulation is gaining traction by the day, and the latest is in the Asian nation South Korea. ‘Bicycling’ Creates ‘Conflict Of Interest’ The top regulatory body of the South Korean financial market, the Financial Services Commission, is bringing to an end the practice of ‘bicycling' by crypto exchange operators, per reports from a local […] The post South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban first appeared on BitcoinExchangeGuide.
2021-6-7 20:32 | |
|
|
The government of South Korea is planning to impose a 20% tax on gains from cryptocurrency transactions. The plan is to impose this law starting next year, with the same reiterated by the government oThe post South Korea: FSC tasked with crypto-compliance as 20% crypto-tax plans move ahead appeared first on AMBCrypto.
2021-5-29 13:30 | |
|
|
South Korea has made significant progress towards development of its digital currency.
2021-5-25 14:04 | |
|
|
Strict reporting rules for crypto businesses in South Korea are set to come into effect, with existing firms given six months to comply or face stiff penalties.
2021-3-17 11:58 | |
|
|
2021-3-1 18:12 | |
|
|
Coronavirus-driven lockdowns and social distancing limits affect people’s way of entertaining themselves, such as going to karaoke. In South Korea, that activity is too popular, and despite the COVID-19 outbreak, the crypto industry is trying to capitalize on it.
2021-2-18 07:30 | |
|
|
South Korea’s Ministry of Economy and Finance said Wednesday it has finalized a legal amendment relating to cryptocurrency taxes.
2021-1-7 15:17 | |
|
|
One of the biggest commercial banks in South Korea has partnered with the Korea Expressway Corporation for a blockchain-based toll system.
2020-8-9 17:00 | |
|
|
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 said income from digital assets below 2.
2020-7-23 07:15 | |
|
|
The Internal Revenue Service has simplified the reporting requirements in the latest iteration of Form 1099-DA, which crypto brokers and taxpayers will use to report digital asset transactions. According to the Aug.
South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…
South Korea’s crypto community alarms that the impeding 20% tax on crypto gains will drive away investors and can potentially ruin the market. As South Korea‘s 20% tax on crypto gains looms, the local cryptocurrency community expresses its concerns, saying…
A Florida lawmaker has introduced a bill that would greenlight Bitcoin as a payment method for U.S. taxes.
Can you take advantage of tax loopholes to avoid paying taxes on your digital currency exchanges? See three of the most common ones and why they don't work. The post 3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work appeared first on CoinCentral.
The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.