South Korea Plans to Ease Crypto Trading Ban for Institutional Investors
Key Insights South Korea’s FSC plans to gradually lift ban on institutional crypto trading, starting with non-profit organizations Move aligns…
South Korea’s Democratic Party Pushes Forward with Crypto Gains Tax in 2025
Key Insights South Korea’s Democratic Party plans to implement crypto gains tax in 2025, raising the taxable threshold to 50…
South Korea’s Opposition Party Proposes Three-Year Delay on Crypto Tax
Key Insights South Korea’s People Power Party proposes delaying cryptocurrency gains taxation from 2025 to 2028. The bill cites concerns…
S.Korea Regulator to Treat Some NFTs as Cryptocurrencies
Key Insights South Korea’s financial regulator issued new guidelines on regulating NFTs. Certain NFTs that are mass-produced, transferable, fractionalized, or…
Crypto.com Sets April 29 Launch for Retail Trading Platform in South Korea
Key Insights Crypto.com is launching its retail trading platform in South Korea on April 29 The platform will initially offer…
S.Korea Crypto Money Laundering Soars Nearly 50% in 2023
Key Insights South Korea received 16,076 suspected crypto money laundering case reports in 2023, up 48.8% from 2022 Financial Intelligence…
S.Korea Unveils Jail for Crypto Crimes Under New Rules
Key Insights South Korea unveils strict punishments including potential life sentences under new crypto rules Financial regulators say those making…
OKX Faces South Korea Probe after Crypto Alliance Allegation
Key Insights South Korean crypto alliance DAXA reports OKX to authorities for alleged illegal local marketing Report claims OKX promoted…