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...
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...
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...
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...
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.
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...
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...