South Korea
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 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.
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.
South Korea's Central Bank to Test Digital Currency in 2021
The Bank of Korea is to run virtual trials of a possible central bank digital currency through 2021.
Bithumb Exchange's Offices Raided Again by Korean Authorities: Report
Local officials are said to have raided Bithumb's offices for the second time in a week as part of a fraud investigation.
Police Reportedly Raid Headquarters of Bithumb, South Korea's Largest Exchange
Crypto exchange Bithumb has reportedly been seized by police in Seoul on allegations that its chairman engaged in investment fraud.
South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot
The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.
South Korean Crypto Exchange Coinbit Raided Over Allegations of Wash Trading: Report
South Korea's third-largest crypto exchange has reportedly been raided by police over allegations it faked trading volume.
South Korean Government Proposes Tough New 22% Tax on Crypto Trading
Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal.
South Korean Government Turns to Blockchain Tech to More Securely Store Clinical Diabetes Data
The government has asked startup Sendsquare to develop a proof-of-concept blockchain registry to help analyze, anonymize and store clinical diabetes data.
