A South Korean lawmaker has proposed an amendment to better protect users of virtual assets in the country. Kim Hyun-jung, a member …
Korea
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Markets
XRP Volumes Zoom Ahead of Bitcoin, Dogecoin in South Korea. What’s Next?
by shayaanby shayaanXRP trading volumes on South Korea’s biggest crypto exchanges have overtaken those of bitcoin (BTC) and ether (ETH) in a sign of …
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Markets
North Korea Blamed for May's $305M Hack on Japanese Crypto Exchange DMM
by shayaanby shayaanThe $308 million hack of Japanese crypto exchange DMM in May was the work of North Korean hackers, the U.S. and Japanese …
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Regulation
South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report
by shayaanby shayaanThe United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections against the theft of …
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Markets
Political Turmoil In South Korea Impacts Bitcoin Prices As Market Eyes Trump’s Policies
by shayaanby shayaanEste artículo también está disponible en español. Despite a notable pause in its upward trend, Bitcoin (BTC) is approaching the landmark $100,000 …
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Regulation
South Korea Opposition Party Agrees to Two-Year Moratorium on Crypto Asset Taxation: Report
by shayaanby shayaanSouth Korea’s opposition party has reportedly agreed to delay the implementation of a new policy that imposes a tax on cryptocurrency earnings …
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Regulation
South Korea Signs OECD Crypto Reporting Agreement, Eyes 2027 for Implementation
by shayaanby shayaanSouth Korea has signed the OECD agreement on crypto reporting among member nations. The country’s Ministry of Economy and Finance announced on …
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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 …