South Korea
S. Korea Bans Virtual Asset Services Staff From Trading Their Platform’s Tokens
Just days after the registration deadline for VASPs, South Korea announced another regulatory requirement.
Nearly 70 South Korean Crypto Exchanges May Have to Suspend Service: Report
The deadline to register with South Korea’s Financial Intelligence Unit is Sept. 24, but only four exchanges have registered so far.
Black Friday for Korean Exchanges, E-CNY Launch in Final Stretch
South Korea crypto exchanges face strict new regulations in just seven days. E-CNY launch in final stretch. On the ground in El Salvador as bitcoin is put to the test. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bybit to End Korean Language Support on Official Platforms, Social Media
The exchange also said it is discontinuing its official Korean community support on social media channels.
South Korea’s Ruling Party Looks to Delay Next Year’s Crypto Taxation in Amendment: Report
The amendment would delay the tax until 2023.
Canaan Reports Record Revenues, Korea Says No to Crypto Tax Delay
Cryptocurrency mining hardware manufacturer Canaan reports record revenues. South Korea’s finance minister says no to crypto tax delay. NFT platform OpenSea admits insider trading. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
South Korea’s Registration Deadline for Crypto Exchanges Could Erase $2.6B in Assets
Around $2.6 billion worth of digital assets could be wiped out when South Korea’s deadline for crypto exchange registration rolls around on Sept. 24, suggesting a majority of Korean crypto exchanges could shut down later this month.
Korea Crypto Damage Assessed, Initium’s News-Based NFTs Sells Out
South Korea’s crypto regulation damage is assessed. Initium media’s news-based NFT collection sells out. China’s Bitmain seals crypto mining deal with ISW Holdings. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
BSN to Launch South Korea Portal, Canaan Secures Huge Rig Order
China’s Blockchain-based Service Network to launch portal in South Korea. China’s Canaan secures huge mining rig order from Genesis Digital Assets, and a Korean play-to-earn game explodes in popularity despite a ban in its home country.
Korea’s New FSC Chair Speaks, Axie Infinity to Work With Governments
South Korea’s new FSC chair speaks on crypto at a confirmation hearing. Axie Infinity developer says it’s willing to work with governments on tax. And in a Forkast exclusive, Antinalysis declares itself out and proud. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
