South Korea’s crypto industry has reportedly warned that proposed Anti-Money Laundering (AML) rule changes could create operational confusion by forcing virtual asset …
Korea
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Markets
DeFi lender Aave asks court to block $71 million crypto seizure tied to North Korea claims
by shayaanby shayaanThe filing challenges a New York restraining notice that froze ETH on Arbitrum after the rsETH exploit, with Aave arguing the funds …
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Regulation
Crypto Tax Fairness Debate Explodes in South Korea After Investment Tax Repeal
by shayaanby shayaanThe fairness of South Korea’s upcoming crypto tax has reignited a fierce political debate, following the recent repeal of the financial investment …
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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering …
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In brief South Korean police arrested a 40-year-old man for distributing an AI-generated photo of escaped wolf Neukgu. Daejeon city issued an …
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Finance
South Korea BOK Governor Prioritizes Digital Won CBDC in First Policy Speech
by shayaanby shayaanSouth Korea’s new Bank of Korea Governor Shin Hyun-song used his April 21 inaugural address to plant a firm stake in the …
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South Korea’s National Tax Service (NTS) has opened a tender for software licenses to track virtual asset transactions as part of tax …
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Regulation
South Korea lawmakers push for stablecoin law as Bank of Korea and Financial Services Commission clash
by shayaanby shayaanSouth Korean lawmakers are urging the government to prioritize approval of a regulatory framework for stablecoins, as disputes between the Bank of …
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Markets
South Korea to test blockchain deposit tokens for government spending in Q4
by shayaanby shayaanToken-based payments can be programmed with spending limits and which industries can use them, reducing audits and lowering transaction fees by removing …
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Regulation
South Korea says API crypto trading now makes up 30% of market: Report
by shayaanby shayaanSouth Korea’s Financial Supervisory Service (FSS) said Monday that API-based trading now accounts for about 30% of crypto buy-and-sell turnover, warning that …