South Korea
Korea's Tax Agency to Withhold $70M From Crypto Exchange Bithumb
South Korea's National Tax Service will withhold tax worth $70 million from the country's largest crypto exchange Bithumb.
South Korean Central Bank to Organize a CBDC Task Force
South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology.
Kakao's Delayed Crypto Wallet Will Support Native Dapps, Collectibles
Kakao's in-development wallet for its "klay" cryptocurrency will support dapps and tokens based on the firm's blockchain tech. The bad news is the launch has been delayed.
Bithumb Global Launches Native Token for Exchange Ecosystem
Bithumb plans to launch a native token on top of its namesake blockchain next year.
Binance Enters Korean Market With New Business Entity
Binance may have taken another step toward launching a crypto exchange arm in South Korea, according to a new business registration.
Korean Government to Back Blockchain Startups With $9 Million Fund in 2020
The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding.
Major Korean Banks Join Government-Backed Blockchain ID Initiative
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.
South Korea Aims to Put Trade Finance on the Blockchain by 2021
The government-backed program will bring trade and contract data into distributed ledgers.
Token Investors May Sue After Former Korean Social Media Giant Shuts Down
A once hugely popular social media site, Cyworld's abrupt closure brings uncertainty to holders of its recently launched crypto token.
OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash
OKEX Korea is reconsidering a decision to delist the privacy coins zcash and dash it announced in September.
