Crypto investors in South Korea might have a sigh of relief because the government intends to suspend the taxation until 2023, given that it would have been heavier than other…
Korea
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Popular meme coin Shiba Inu has marked yet another milestone following its immense success this year. The meme coin which was created as a rival for top meme coin Dogecoin…
- Ethereum
What next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions
by Mikiby MikiWhat next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions | CMB Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start…
- Blockchain
Over 2.2M Crypto Accounts Set to Trade With Restrictions in South Korea as Exchange’s Deadline Looms
by Mikiby MikiToday is the deadline set by the South Korean market regulators, the Financial Services Commission (FSC), and the Financial Supervisory Service (FSS) for trading platforms to secure a banking partnership…
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Rep. Noh Woong-rae of the Democratic Party of Korea has expressed his scepticism about the possibility of the country’s Ministry of Strategy and Finance actualising its plans of taxing incomes…
- Blockchain
South Korea Strengthens the Supervision of Crypto Exchanges,Nearly Two-thirds of Exchanges Forced to Close with $2.6B in Losses
by Mikiby MikiThe South Korean Financial Services Commission (FSC) has begun to tighten the supervision of local and overseas cryptocurrency trading platforms in South Korea, resetting a new deadline on September 24,…
- Blockchain
South Korea Crypto Sector Face Headwind over Stricter Legal Regulations Challenges ahead
by Mikiby MikiCrypto sectors and retail investors face a tough time as the finical regulators in South Korea are about implementing harsher and stricter administrative measurements to supervise the crypto industry. Starting…
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The move to digitize the won could be well suited for South Korea as 86 percent of all transactions conducted in the country are cashless. Bidding for an operator to…
- Blockchain
South Korea Top Four Crypto Exchanges Launch Joint Venture To Abide By AML Regulations
by Mikiby MikiFour major crypto exchanges in South Korea have joined hands to establish a joint venture to fight against money laundering. The heads of Bithumb, Korbit, Coinone, and Upbit signed a…
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Authorities in the South Korean province of Gyeonggi have conducted the largest tax seizures ever, seizing $47 million in Bitcoin (BTC) and Ethereum (ETH). According to the coverage reported by…