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South Korea
South Korean Government Proposes Tough New 22% Tax on Crypto Trading
Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal.
South Korean Government Turns to Blockchain Tech to More Securely Store Clinical Diabetes Data
The government has asked startup Sendsquare to develop a proof-of-concept blockchain registry to help analyze, anonymize and store clinical diabetes data.
South Korean Soccer League Tokenizes Players for Fantasy Football Game
A new licensing agreement between the South Korean soccer league and Sorare will bring on over 400 K League players on to the fantasy soccer platform.
North Korean Hackers Ramp Up Efforts to Steal Crypto Amid Coronavirus Pandemic
Notorious hacking group Lazarus is said to be increasing its efforts to steal cryptocurrency from traders and industry professionals during the COVID-19 crisis.
South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations
The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up.
Alleged Mastermind of Sex Abuse Chatrooms Hid Payments With Privacy Coin Monero
The 25-year-old used the cryptocurrency monero to obfuscate payments for abusive sexual material, according to a CoinDesk Korea investigation.
Bithumb Taps Chainalysis for FATF-Grade Crypto Investigation Tool
The Bithumb exchange is tapping investigative tools offered by Chainalysis just a week after South Korea voted for tough new laws around the space.
South Korean Lawmakers Greenlight Strict Crypto AML Bill
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.
Why Bitcoin Mining Might Be the New Business Model for US Power Plants
South Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain?
Korean ICO Project Shuts Down, Says 'Negative Perceptions' of Crypto Made Business Impossible
Contents Protocol will refund approximately $7.5 million worth of ether back to investors.
