South Korea


Markets

K-Pop Stars to Mint Digital Collectibles on Polkadot

RBW's Japanese subsidiary will be selling its singers' digital products on the blockchain.

K-Pop fans during the 2019 KCon New York on July 06, 2019 in New York City.

Policy

South Korea's 20% Crypto Tax Still on Track for 2022: Report

South Korea’s Ministry of Economy and Finance said Wednesday it has finalized a legal amendment relating to cryptocurrency taxes.

South Korean National Assembly building

Markets

First Mover: Bitcoin Hits Record as 'Blue Wave' and 'Kimchi Premium' Look Bullish

Bitcoin surges above $35K for first time with U.S. Democrats poised to take full control of government and 'Kimchi Premium' back in force.

Bitcoin prices rose above $35,000 for the first time, reaching a new all-time high.

Markets

Bitcoin Retail FOMO Brings a Heap of 'Kimchi Premium' to S. Korea

Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market.

kimchi-2449656_1920

Markets

Crypto Exchange Binance Terminates South Korea Operations Due to Low Usage

Cryptocurrency exchange Binance said a new South Korean law going into effect early next year was another factor.

shutterstock_shutterstock_1066582802

Finance

South Korea's Hashed Raises $120M Venture Fund for Crypto Deals

Hashed Ventures has raised $120 million for a fund that will be focused on a new era of distributed networks.

Simon Kim, founder and CEO of Hashed

Markets

Crypto Exchange Upbit Sets Withdrawal Delay in Bid to Tackle Fraudsters

The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.

Upbit-logo (CoinDesk Archives)

Policy

South Korea May Delay Implementation of 20% Crypto Tax Till 2022

The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare.

South Korean National Assembly building

Markets

South Korean Crypto Firms Must Disclose Users' Identities Under Planned Law Change

South Korea's top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers.

South Korean National Assembly building

Finance

Chinese Payments Giant UnionPay to Support Crypto Spending With New Virtual Card

The world's biggest credit and debit card company will support payments with a South Korea-developed cryptocurrency for an upcoming virtual card offering.

china unionpay