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South Korea
South Korea Considers 20% Crypto Income Tax
Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal.
Bithumb Exchange Fighting Back Against 'Groundless' $69M Tax Bill
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.
Binance to Launch Korean Support Center Following Investment in Local Startup
Binance has made its first direct investment in a South Korean startup as part of a deal to launch a support center in the country.
Popular Korean Crypto YouTuber Badly Beaten After Threats From Angry Investors
A South Korean crypto YouTuber has been assaulted at his home, soon after threats to his company's staff from investors.
South Korean Presidential Committee Wants to Bring Crypto Into Mainstream Finance
Financial institutions should be allowed to launch cryptocurrency products, such as derivatives, according to a government advisory body.
Korea's Tax Agency to Withhold $70M From Crypto Exchange Bithumb
South Korea's National Tax Service will withhold tax worth $70 million from the country's largest crypto exchange Bithumb.
South Korean Central Bank to Organize a CBDC Task Force
South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology.
Kakao's Delayed Crypto Wallet Will Support Native Dapps, Collectibles
Kakao's in-development wallet for its "klay" cryptocurrency will support dapps and tokens based on the firm's blockchain tech. The bad news is the launch has been delayed.
Bithumb Global Launches Native Token for Exchange Ecosystem
Bithumb plans to launch a native token on top of its namesake blockchain next year.
Binance Enters Korean Market With New Business Entity
Binance may have taken another step toward launching a crypto exchange arm in South Korea, according to a new business registration.
