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Daily Crypto Transactions Skyrocket in South Korea

Daily Crypto Transactions Skyrocket in South Korea

Daily crypto transactions in South Korea have soared to record highs. Local data reports reveal the average daily transa...

in Breaking News by Jana Serfontein
South Korea FSC to Regulate Mass-Produced NFTs as Regular Cryptocurrencies

South Korea FSC to Regulate Mass-Produced NFTs as Regular Cryptocurrencies

South Korea’s Financial Services Commission (FSC) published new guidelines to regulate NFTs. According to the new rules,...

in Breaking News by Jana Serfontein
Crypto.com to Launch Cryptocurrency Trading App in South Korea

Crypto.com to Launch Cryptocurrency Trading App in South Korea

Centralized cryptocurrency exchange Crypto.com announced the launch of its crypto trading app in South Korea. The app la...

in Breaking News by Jana Serfontein
South Korean Ruling Party Likely to Delay Crypto Tax by Two Years Amid Elections

South Korean Ruling Party Likely to Delay Crypto Tax by Two Years Amid Elections

South Korea’s ruling party, The People Power Party, pledged to delay crypto gain taxation for an additional two years as...

in Breaking News by Jana Serfontein
South Korea Maintains Its Ban on Crypto ETFs

South Korea Maintains Its Ban on Crypto ETFs

South Korea has reiterated its ban on crypto ETFs despite the US approving 11 spot bitcoin ETFs earlier this week. As it...

in Breaking News by Jana Serfontein
South Korea Suggests Ban on Using Credit Cards to Buy Crypto

South Korea Suggests Ban on Using Credit Cards to Buy Crypto

South Korea’s Financial Services Commission (FSC) proposed changing its credit finance act, banning local citizens from...

in Breaking News by Jana Serfontein
Investigation Reveals South Korean Lawmakers Traded $97 Million in Crypto in 3 Years

Investigation Reveals South Korean Lawmakers Traded $97 Million in Crypto in 3 Years

An investigation into the digital asset transaction record of all sitting members of the South Korean parliament reveale...

in Breaking News by Jana Serfontein
South Korea Mandates High-Ranking Public Officials Disclose Crypto Holdings

South Korea Mandates High-Ranking Public Officials Disclose Crypto Holdings

South Korea announced that its high-ranking public officials must disclose their crypto holdings starting in 2024.

in Breaking News by Jana Serfontein
NFTs and CBDCs Excluded from South Korea’s Crypto Interest Mandate

NFTs and CBDCs Excluded from South Korea’s Crypto Interest Mandate

South Korea’s financial regulator, the Financial Services Commission (FSC), announced digital asset investors are to rec...

in Breaking News by Jana Serfontein
South Korea Set to Pilot CBDC Q4 2024

South Korea Set to Pilot CBDC Q4 2024

The Bank of Korea (BOK) announced it will pilot a central bank digital currency (BDC) involving 100,000 citizens in Q4 2...

in Breaking News by Jana Serfontein