South Korea

South Korea

Merkado

South Korea Plans to Tax Overseas Crypto Assets Starting in 2022: Report

Koreans will be required to pay tax when balances held with foreign virtual-asset businesses exceed 500 million won ($450,000).

Korean won

Merkado

Solana Launches $20M Fund to Advance Ecosystem in Korea

The launch comes only weeks after Solana drew $60 million in funding for projects in Brazil, Russia, India and Ukraine.

daniel-bernard-qjsmpf0aO48-unsplash

Merkado

Crypto Exchange Korbit Launches South Korea's First NFT Marketplace

All transactions on the platform will be carried out in ethereum.

korbit-logo-blue background-02

Merkado

Bank of Korea Sees Threat to Financial System in Leveraged Crypto Trading

The central bank governor has pledged to monitor transactions of Korea's financial institutions associated with leveraged crypto trading.

Bank of Korea building, Seoul

Merkado

CEO of Upbit Parent Dunamu Says Exchange Eyeing Further Overseas Expansion

Speaking at CoinDesk's Consensus, the CEO of Upbit's parent company said the exchange was looking to expand into Southeast Asia.

Seoul

Merkado

South Korea’s Central Bank to Choose Supplier for Digital Currency Pilot

The Bank of Korea is looking for a technology supplier to explore a digital currency in a test environment.

Bank of Korea

Merkado

South Korea’s Central Bank Seeks Authority to Monitor Crypto Transactions: Report

The Bank of Korea hopes to start as early as September, an official said.

Bank of Korea building, Seoul

Merkado

South Korea Clamps Down on Phishing Activity Targeting Crypto Investors: Report

South Korea's Ministry of Science and ICT reports there has been a surge in phishing attempts targeting cryptocurrency users.

South Korean flag. (CoinDesk Archives)

Merkado

South Korea’s Dunamu Pledges Nearly $9M to Protect Crypto Investors: Report

The Upbit operator plans to set up a unit to help prevent fraud and assist victims of crypto crime, among other things.

Seoul

Merkado

Digital Currency Group Invests in South Korean Crypto Exchange

DCG has become the second-largest shareholder in blockchain company Streami, operator of crypto exchange Gopax.

Seoul, South Korea