2023-5-24 13:42 |
The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.
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A murder case in Seoul over crypto assets compelled lawmakers to push for stronger crypto regulation. The new proposed bill combines 19 distinct crypto-related policies into a single bill.
2023-5-18 16:00 | |
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National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred.
2023-5-9 22:00 | |
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Democratic Party lawmaker Kim Nam-kuk had reportedly co-sponsored a bill seeking to defer taxation on crypto profits.
2023-5-8 12:15 | |
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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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On April 25, the South Korean parliament’s National Policy Committee passed the first step of the country’s crypto bill, the Virtual Asset Investor Protection Act.
2023-4-25 17:49 | |
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South Dakota governor Kristi Noem vetoed a bill that recognizes CBDCs as a form of money while excluding crypto assets like Bitcoin. The post South Dakota Governor Vetoes Bill That Excludes Crypto From Acceptable Forms of Money appeared first on BeInCrypto.
2023-3-11 16:15 | |
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South Dakota Governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money.
2023-3-11 22:54 | |
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The bill, criticized by many conservatives, proposed amending the state’s Uniform Commercial Code to specifically exclude digital assets — with the possible exception of CBDCs.
2023-3-11 22:26 | |
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The state of South Dakota has introduced a new bill to redefine the concept of money, particularly concerning cryptocurrencies.
2023-3-2 17:58 | |
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Dennis Porter, CEO and co-founder of Satoshi Act Fund, shared a shocking breaking news via Twitter today that can be understood as a massive attack on Bitcoin in the United States of America. Porter wrote that the state of South Dakota is trying to pass a law that would exclude Bitcoin from the definition of […]
2023-3-2 13:37 | |
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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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The Bitcoin price is approaching the $100,000 level again after experiencing significant declines these past weeks. A crypto analyst has pointed out that the critical resistance level at $99,800 is crucial for Bitcoin’s next move.
As 2024 winds down, the cryptocurrency world finds itself riding high on a wave of optimism. Bitwise Asset Management, a leader in the digital asset space, has unveiled its top 10 predictions for 2025.
The crypto market experienced mixed signals in the last 24 hours as the holiday buying frenzy met massive liquidation. Over $1 billion was recorded in total liquidations across the market.
Craig Wright — a controversial computer scientist who falsely claimed to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto — has been sentenced to one year in prison for contempt of court, according to a Dec.
Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order crafted for President-elect Donald Trump to establish a Strategic Bitcoin (BTC) Reserve within the Exchange Stabilization Fund (ESF).
For Charles Hoskinson, Cardano is primed to transform the blockchain and lead the decentralized revolution. In a recent Twitter/X post, Hoskinson shared his campaign to make Cardano accessible to its users and token holders.
Optimism regarding a potential strategic reserve fund proposed by President-elect Donald Trump has propelled Bitcoin to surpass $106,000 for the first time. Related Reading: $36 Trillion Question: Can Bitcoin Really Save The US? Peter Schiff Thinks Not Since Trump won the election on November 5, 2024, the cryptocurrency had an amazing rise of over 50%, […]