South Korea: Crypto Tax Law Might Be Postponed Until 2022

2020-11-25 16:30

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. origin »

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Источник: Cripyo.news

crypto country → Результатов: 126

Interview | UK crypto rules signal major shift: but will they deliver?

My wife was born in the United Kingdom and we’ve spent a lot of time visiting so I pay close attention to the country’s evolving stance on crypto. Now, with the UK’s draft Statutory Instrument on crypto regulation officially released,…

2025-5-16 17:44	United Kingdom
crypto country attention pay time visiting evolving

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Crypto is used for payments in Georgia, not to get rich: Tbilisi Crypto City Guide

The capital city of the country of Georgia boasts a small but vibrant crypto community that aims to put the country on the map.

2024-9-12 18:30
crypto country city georgia boasts capital small

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Israeli crypto exchange receives capital markets license in country first

Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.

2022-9-24 08:16
crypto country israeli license exchange enabling receive

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South Korean gov has confiscated 260B won in crypto for non-payment of taxes since 2021

The country began seizing crypto to offset tax arrears last year.

2022-9-23 18:30	Taxes
crypto country began arrears tax offset seizing

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Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit

A former reality TV host with millions of followers on YouTube became one of Pakistan's biggest crypto proponents, and hopes to help his country shine again.

2022-3-22 00:30
crypto country pakistan one followers youtube became

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Bill to regulate crypto in Brazil for first time heads to Senate vote

The largest Latin American country could soon be the latest to regulate crypto, which lawmakers hope will increase its uses across the country.

2022-2-23 04:39
crypto country regulate latest soon lawmakers uses

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India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail

The country wishes to see all crypto activities take place on platforms regulated by SEBI.

2021-12-7 19:45	Crypto Regulation
crypto country see wishes all take regulated

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Putin Orders Russia’s Public Officials to Report Crypto Holdings

Russian civil servants must start reporting their crypto assets as the country's first crypto law comes into force in January.

2020-12-11 13:33	Government
crypto country assets law january force comes

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Belarus’ Largest Commercial Bank Launches Crypto Trading Desk

Belarusbank, the largest commercial bank in Belarus has launched the country’s first legal crypto trading platform. The move is the latest crypto adoption news to come out of a country currently experiencing anti-government protests against President Alexander Lukashenko.

2020-11-16 18:45	Crypto
crypto country belarus trading largest commercial bank

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Crypto.com Announces Turkish App and Exchange Update

The Hong Kong-based crypto company said they chose the country in the latest update to its app because of the country’s “remarkable” attitude towards cryptocurrencies. “Turkey is an important market for us, both from a geographic perspective due to its location between east and west and the strong affinity its citizens have with cryptocurrency,” said […]

2020-11-7 11:48	Crypto Cable
crypto country update said app due perspective

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Indian Exchange Koinex Shutdowns After Months Of Uncertainty from RBI Crypto Ban

Although India had always been a hotbed for the development of crypto infrastructure, the country’s draconian and immature crypto regulation has stifled the scope of innovation there. Most in the crypto ecosystem would be already familiar with the regulatory news coming out of the country with a draft of a bill going as far as […]

2019-6-27 09:02
crypto country far ecosystem scope innovation stifled

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Japan: 18 Year Old Charged for Stealing $100,000 in MonaCoin in Country’s First Crypto Theft Case

Japanese authorities in the city of Utsunomiya have charged an 18-year-old for stealing crypto from Monappy, a digital wallet service for MonaCoin. The unnamed teenager was reportedly referred to prosecutors in what is the country’s first case of charges being brought against a cryptocurrency hacker.

2019-3-18 02:08	Hacks
crypto country monacoin charged japan stealing case

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India Still Uncomfortable With Digital Currencies, May Ban Crypto Altogether

On a typical spring day in April, Indian cryptocurrency traders were conducting their business as usual when a snap announcement by the country’s central bank sent waves of panic across the country.

2018-11-1 19:29	Cryptocurrency
crypto country ban india cryptocurrency bank altogether

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Spain Approves Bill Requiring Crypto Holders to Disclose Assets

On Oct. 19, Spain’s Ministry of Finance approved an anti-fraud law requiring all holders of cryptocurrency in the country to disclose their asset balances, according to Spanish news outlet ABC. Spain introduces law to force investors to reveal crypto holdings #cryptocurrency #news https://t.

2018-10-24 10:00	Spain
crypto spain disclose holders requiring cryptocurrency law

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Albanian Government Considers Following Malta’s Lead with Crypto Regulation

Albanian Prime Minister Edi Rama has indicated that the country is considering setting up a comprehensive crypto regulation framework in Malta as the country’s government seeks to improve its competitiveness, diversify its economy and attract crypto businesses to the tiny Balkan country.

2018-10-24 01:00	Malta
crypto country rama albanian government regulation malta

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OneCoin Crypto Ponzi Gets German Court to Release 3 Million Euro in Stolen Funds

German Court Releases 3M Euro in Stolen Funds OneCoin convinced a German court to release 3M EUR in funds accumulated by prosecutors from ponzi schmes. The funds were frozen by BaFin, Germany’s financial regulator, as a larger seizure back in April 2017.

2018-10-23 20:34	News
funds onecoin court german bafin stolen release

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Country of Spain Drafts New Crypto Law to Make Investors Disclose All Bitcoin Holdings

Spain Drafts Law To Make Investors Disclose Their Crypto Holdings If you live in Spain, you might need to report your crypto holdings to the Spanish government soon. A new draft law has been approved by the Spanish government that will make any crypto holders in the country need to identify their holdings, gains and […]

2018-10-22 21:45	Trading & Investing
crypto holdings make law spain country government

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Int’l Financial Watchdog FATF to Introduce Cryptocurrency Rules in 2019

The Financial Action Task Force (FATF) – an international agency which is intended to tackle criminal activity across the globe, is set to issue the first set of rules regarding cryptocurrency regulations in 2019.

2018-10-22 17:00
cryptocurrency rules fatf financial 2019 agency regulations

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Indian Cryptocurrency Exchanges See Rapid Growth in P2P Trading

Trading volumes on exchange-escrowed peer-to-peer (P2P) cryptocurrency trading platforms in India are rising rapidly amid the banking ban by the country’s central bank. “Indians are warming up to P2P in amazing ways,” the CEO of a local crypto exchange told news.

2018-10-21 02:05	Wazirx
trading p2p cryptocurrency exchanges indian bitcoin see

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Only 39 Percent Pass Malta’s Cryptocurrency Exam

The pass rate for the exam developed by the Maltese government for financial services practitioners seeking to obtain cryptocurrency agent certification is reportedly only 39 percent. The exam is part of the requirements mandated by the country’s newly established Virtual Financial Assets Act.

2018-10-20 07:05	Virtual Currency
exam pass cryptocurrency percent only financial rate

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Only 39 Percent Pass Malta’s Cryptocurrency Exam for Financial Services Practitioners

2018-10-20 07:05	Virtual Currency
financial pass exam only practitioners services percent

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Venezuela Government Approves Six Exchanges to Sell Petro Cryptocurrency

Venezuela has managed to establish a national cryptocurrency, which is called the Petro. In a recent announcement on the government website, the authorities explained that they would be authorizing six different crypto platforms to sell it.

2018-10-19 19:30	News
petro national venezuela cryptocurrency six government sell

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Leading Indian Crypto Exchange Zebpay Sets off for Malta

Perhaps the most stagnant of all global cryptocurrencies markets, the Indian crypto market’s future depends a great deal on the long-awaited decision by the Supreme Court of India, which has already been adjourned multiple times.

2018-10-19 11:00	Zebpay
indian india zebpay crypto operations ramp down

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Indian Media Bashed after False Reports of a Cryptocurrency Blanket Ban Circulated

A recent report in the local Indian media which stated that holding crypto assets might invoke punishment by the legal authorities in the country didn’t bode too well with the global crypto community.

2018-10-19 23:00	India
crypto report ban cryptocurrency indian media speculated

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Report: Despite Price Volatility Blockchain and Crypto Jobs Are In Demand

Glassdoor Economic Research is delivering much needed good news to the crypto community saying that despite extreme price volatility and regulatory uncertainty, the number of crypto jobs in the blockchain and cryptocurrency sector has risen by 300 percent since the same time last year.

2018-10-19 21:27	Adoption & community
jobs job percent blockchain bitcoin hiring zhao

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Despite Indian Crypto Regulations and Bans, Unocoin Exchange Pushes Forward

Clampdown on Crypto in India Births Alternative Cryptocurrency startup, Unocoin, has taken measures to continue to operate in India despite a clampdown on cryptocurrency trading by authorities in the country.

2018-10-18 20:25	News
unocoin india customers alternative cryptocurrency despite continue

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Japan’s Tax Commission is Working to Ease Crypto Tax Filings to Stimulate More Reporting

Japanese Government Working to Simplify Cryptocurrency Tax Filings Japanese tax authorities are not leaving anything to chance – as cryptocurrency investments continue to rise in the country – they are now seeking ways to ensure taxes from crypto investments are duly recorded and collected.

2018-10-18 20:23	News
tax cryptocurrency investments filings japanese commission working

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“Perfect Use”: Canadian Crypto Startup Puts Marijuana On Blockchain

Capitalizing on Canada’s formal legalization of marijuana and weed-related products for recreational use, a fintech company situated in the US’ northern neighbor has revealed plans to track cannabis through a blockchain-based solution.

2018-10-18 19:00	Technology
use marijuana perfect blockchain recreational canada crypto

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Class Action Suits Launched Against Cryptocurrency Mining Investment Company

The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers.

2018-10-18 20:05	Law & justice
company mgt honig bitcoin mining operations shares

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India’s Zebpay Heads to Malta After Regulatory Issues At Home

In a move that was probably predicted by many crypto enthusiasts, the popular cryptocurrency exchange of Zebpay has closed shop in its home country of India to set up in the more crypto friendly country of Malta.

2018-10-17 19:25	Tron Foundation
malta zebpay india home heads country crypto

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Bitcoin Scammer Arrested In Thailand

The $34 million Bitcoin scam has its prime suspect named Prinya Jaravijit who was arrested in Thailand after returning to the country. Jaravijit is allegedly part of a scam which saw a man from Finland, Aarini Otava Saarimaa scammed out of over 5,500 Bitcoins, this would be worth around $34 million in today’s market.

2018-10-17 12:00	Thailand
bitcoin jaravijit arrested scam thailand prinya police

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Zebpay Sets up Operations Overseas After Suspending Exchange Activities in India

Zebpay is reportedly expanding its global presence after suspending cryptocurrency trading operations in India due to the banking ban imposed by the country’s central bank. According to information on its website, an entity has been set up to operate the Zebpay exchange in Malta to serve 20 countries.

2018-10-17 09:30	Zebpay
zebpay exchange india suspending operations activities sets

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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options

Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.

2018-10-16 16:07	Digital assets
blockfi gusd litecoin crypto company gemini bitcoin

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India’s Crypto Exchange Unocoin to Launch Country’s First Crypto ATM, 30 in Total to be Installed

India’s Crypto Exchange Unocoin Set To Launch The Country’s First Crypto ATM Despite India’s eagerness to accept blockchain technologies, the Reserve Bank of India (RBI) passed norms to control banking relationships with local crypto exchanges in April.

2018-10-15 19:01	News
crypto india country unocoin exchange launch atm

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Fincen Claims Iran Is Using Crypto to Evade Sanctions

The Financial Crimes Enforcement Network has warned U. S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country.

2018-10-15 15:35
using sanctions iranian fincen claims financial iran

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Why Justin Sun Has A Lot Of Power With TRON

A rumoured partnership with TRON could be the most ambitious by Justin Sun to date. The CEO and founder of TRON founder, Justin Sun is no stranger to high profile announcements. However, the cryptocurrency leader has drawn attention in the past for his showmanship in how he markets his digital currency in the sense that at times he is blatantly promoting TRX.

2018-10-15 14:00	Tron
sun tron justin bittorrent currency partnership yet

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Korean Government Expected to Announce ICO Stance in November, Official Says

The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies.

2018-10-15 03:35	Virtual Currency
november government korean official expected announce ico

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Bitcoin (BTC), Ethereum (ETH), XRP ATMs Launch In India To Bypass RBI Ban

India’s RBI Cracks Down On Crypto Exchanges As reported by Ethereum World News previously, despite India’s willingness to accept blockchain technologies, the Reserve Bank of India (RBI) enacted measures to curb banking relationships with local crypto exchanges in April.

2018-10-15 03:00	Zebpay
india rbi ethereum ban crypto bitcoin world

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Blockvest ICO Being Sued By SEC

Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities.

2018-10-15 18:00	SEC
sec blockvest court ico all financial order

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Unocoin May Soon Launch India’s First Crypto ATM

Indian crypto exchange Unocoin acknowledged that it is launching country’s first crypto ATM, touted to support at least five cryptocurrencies, as reported by Inc42 on October 12, 2018. The news comes in a tensed moment as the country’s highest judicial forum, the Supreme Court of India, is to declare the verdict on the crypto banking blockade that crippled the local.

2018-10-14 11:00	RBI
crypto unocoin country india atm verdict banking

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Bahrain Are Setting Up For A Crypto Adoption Overhaul

The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact.

2018-10-14 23:00	Crypto
bahrain cryptocurrency very central bank crypto according

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Crypto Exchange Bithumb Sells Stake for $354 Million to Plastic Surgeon-Led Investment Group

Korean cryptocurrency exchange Bithumb, the largest in the country by daily trading volume, has sold a 38 percent stake in its business for $354 million to a Singaporean investment group, reported Reuters on October 12, 2018.

2018-10-14 21:00	Exchange
bithumb stake cryptocurrency largest group percent investment

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Unocoin to Launch Crypto ATM in India Soon; BTC, XRP, and ETH Among Supported Coins

Indian cryptocurrency exchange Unocoin is launching the country’s first digital assets ATM, even as other nations grapple with stringent regulations and a ban on banks providing services to exchanges.

2018-10-14 18:00	India
atm unocoin india crypto coins among supported

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Robinhood Crypto Trading Platform Adds Ohio, Now Available in Over Half US States

Robinhood Platform Launches in Ohio, Reaching Halfway Point Across the Country The Robinhood team has been working to bring their trading services across the country, but they’ve only managed to reach one state at a time.

2018-10-12 19:12	Trading & Investing
robinhood ohio trading one country crypto across

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Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing

Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.

2018-10-12 18:06	Regulation
bitcoin said valkenburgh van blockchain roubini technology

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How Monero Are Improving Human Rights With XMR

Listen Here – https://soundcloud. com/cryptodaily/how-monero-are-improving-human-rights-with-xmr Monero is considered to be the privacy coin, the currency of choice for absolute privacy. Now, privacy doesn’t necessarily mean security and we should remember that 2018 has seen a tonne of ‘Monero mining’ hacks, calling into question some of the projects integrity.

2018-10-12 17:00	monero
monero rights human privacy xmr declaration financial

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New Zealand PM Used As Pawn In Fake News Site

Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country.

2018-10-12 16:30
fake facebook new used had zealand site

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Largest South Korean Exchange Launches Crypto Market Indices

The largest crypto exchange in South Korea by trading volume, Bithumb, has launched two cryptocurrency market indices. One tracks all coins listed on the exchange while the other tracks only altcoins.

2018-10-12 08:25	Virtual Currency
exchange indices largest crypto market south two

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Bitcoin Network Comes To A Standstill In China

Ben Kaiser from one of the most impressive universities in America, Princeton University and Alex Ledger from Florida International University have written a paper together on what China is impacting Bitcoin.

2018-10-12 08:00
china bitcoin firewall paper internet block comes

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FSS orders Dunamu to correct disclosure on Naver Financial deal

South Korea’s FSS orders Dunamu to correct omissions in its Naver Financial stock swap filing as new digital asset rules threaten the merger’s structure and timeline. South Korea’s Financial Supervisory Service (FSS) has issued a corrective order to Dunamu, the…

Bithumb delays IPO plans to post-2028 amid regulatory scrutiny

Crypto exchange Bithumb is reportedly delaying plans for its IPO until after 2028, according to local media. Per a report from Maeil Business News Korea citing a Bithumb official, the South Korean crypto exchange is set to “focus on preparing…

South Korea exchanges record $60B crypto outflows as profits fall

South Korean exchanges logged $60 billion in crypto outflows in H2 2025 as deposits rose while profits, volumes, and market values declined.

South Korea tax agency moves to outsource seized crypto custody after security lapse

South Korea’s National Tax Service is seeking to select a private custody provider to handle seized crypto assets after a security lapse resulted in private keys being exposed and assets being transferred by unauthorized entities. The National Tax Service has…

South Korea’s People Power Party proposes bill to abolish 22% crypto tax

Some South Korean lawmakers are pushing back against the ruling party’s plan to levy a 22% tax on cryptocurrencies. A bill introduced by the right-wing People Power Party on Thursday seeks to amend the Income Tax Act and fully abolish…

Crypto.com partners with South Korea’s KG Inicis to enable crypto payments for tourists

Crypto.com has partnered with KG Inicis to introduce crypto payment options for foreign tourists visiting South Korea. The two companies plan to roll out Crypto.com Pay across KG Inicis’ merchant network, according to a March 17 press release. The integration…

South Korea tightens crypto seizure rules after several mishaps

South Korea’s National Police Agency has introduced new guidelines for handling seized cryptocurrencies after multiple security lapses. The KNPA has drafted a directive outlining compliance requirements across multiple stages of crypto seizure, storage, and management, local media outlet Asiae reported…

2020-11-25 16:30

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