South Korea
South Korea Opposition Party Trying to Make Changes to Crypto Tax: Report
The bill would delay the legislation coming into effect from the currently planned Jan. 1, 2022, to the beginning of 2023.
South Korea’s 20% Tax on Crypto Gains Will Take Effect in 2022: Report
NFTs appear to be exempt from the crypto taxes for now because South Korea does not classify them as “virtual assets.”
Crypto Miners Blamed for Kazakh Power Shortages, Bitcoin on the Up
Crypto mining blamed for power shortages in Kazakhstan. Bitcoin crosses US$50,000 mark and leads altcoins up. A lawmaker accuses Korean crypto exchange Upbit of listing faulty tokens to earn fees. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Petition Calls for Korea Crypto Tax Pause, TikTok Jumps Into NFTs
Central and southern Asia is a crypto hotspot. Petition calls for Korea crypto tax pause. TikTok jumps into NFT market. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Upbit to Tighten Restrictions on Non-Verified Customers in South Korea
Restrictions will kick in on Wednesday to meet the country’s anti-money laundering laws.
E-CNY Chat Wallet to Launch, Korean Illegal Crypto Transactions Surge
China giants team up to offer e-CNY wallet in a chat application. Korea sees a surge in the amount of virtual assets used in illegal foreign transactions. DeFi protocol Compound’s technical woes continue. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
DeFi Benefits From China Ban, Gamevil Increases Coinone Stake
China crypto ban to benefit DeFi space. Gamevil becomes the second-largest shareholder of Korea’s Coinone. Illicit mining operation discovered at Tehran Stock Exchange. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
China Crackdown Legal Concerns, Korea Discusses Virtual Asset Law
Crypto gets a new superstar - Mr. Goxx, the hamster. China's crypto crackdown raises legal concerns. Korea discusses new virtual asset law. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
China Fallout Hits Mining, Korea Digital Custody Competition Heats Up
Alibaba bans sale of crypto mining equipment. Mining rigs seized in Inner Mongolia. Korea’s NH Nonghyup bank jumps into digital custody. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Hours Before South Korean Registration Deadline, Only 10 Exchanges Have Applied
Virtual asset service providers rush to file their documents before midnight tonight.
