South Korea has signed the OECD agreement on crypto reporting among member nations. The country’s Ministry of Economy and Finance announced on …
Korea
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The South Korean National Assembly postponed a plenary session originally scheduled for November 26 due to political conflicts over the proposed taxation …
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Regulation
South Korea to Implement Crypto Taxation in January 2025, Targeting High-Value Gains
by shayaanby shayaanSouth Korea will impose a 20% tax on crypto gains exceeding 50 million won, starting January 2025. The revised tax plan excludes …
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South Korea’s financial watchdog has doubled its restrictive stance toward crypto, rejecting the launch of exchange-traded funds (ETFs) that track companies linked …
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Markets
Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb
by shayaanby shayaanDOGE’s price has surged 78% since Trump’s election win a week ago. www.coindesk.com
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South Korean authorities are preparing to regulate cross-border digital asset transactions beginning in late 2025, according to an Oct. 25 report by …
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Analysis
Bitcoin trades at discount in Korea destroying historical ‘Kimchi Premium’
by shayaanby shayaanBitcoin is trading at a discount on South Korean exchanges, reversing the traditional “kimchi premium” that has historically signaled bullish market sentiment. …