South Korea
South Korea Postpones 20% Crypto Tax to 2025
The government announced its 2022 tax reform plan on Thursday, which included further postponing plans to tax crypto earnings that were already delayed by a year.

Prosecutors Raid 7 Korean Exchanges Amid Terra Probe: Report
Seven exchanges and eight other addresses have been raided in connection to the Terraform Labs fraud investigation.

Corea del Sur investiga a Terra Labs por supuesta malversación de bitcoin tras el colapso de UST, según informe
Se ha iniciado una investigación a Terraform Labs de Do Kwon por supuesta malversación de bitcoin de la compañía.

Terraform Labs Probed for Alleged Bitcoin Embezzlement Following UST Collapse: Report
South Korean authorities are investigating, saying the implosion affected about 280,000 citizens.

Solana Commits $100M to Support South Korean Crypto Projects
The fund, created by Solana Ventures and the Solana Foundation, will focus on virtual gaming and will invest in NFT and DeFi projects.

South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report
The committee will provide criteria for the listing of coins by exchanges, introduce investor protections and monitor unfair trading.

First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways
The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying.

Why Is South Korea Throwing Money at the Metaverse?
South Korea’s “Digital New Deal” is flooding the country’s tech industry with billions of dollars in grant money in the hopes of creating 2 million new jobs. This article is part of "Metaverse Week."

South Korean Authorities Look to More Closely Scrutinize Exchanges Following Terra Meltdown: Report
Around 280,000 South Koreans are believed to have been victims of the abrupt plunge in UST and LUNA.

Korean Police Move to Freeze Luna Foundation Guard Assets: Report
Seoul police are seeking to ban the entity from withdrawing suspected embezzled funds.
