Eugene Investment & Securities has signed an agreement with blockchain company BEATOZ to test stablecoin settlement for tokenized securities subscriptions, targeting an …
Koreas
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Finance
South Korea’s On-Chain Crypto Activity Hits $10.9B in 2023, Ranking 11th Globally
by shayaanby shayaanSouth Korea’s potentially taxable cryptocurrency activity reached approximately $10.9 billion in 2023, placing the country 11th among nations analyzed in a recent …
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Regulation
South Korea’s Ruling Party to Reassess Crypto Tax Stance at Aug. 27 Workshop
by shayaanby shayaanSouth Korea’s ruling People Power Party (PPP) is set to revisit its position on cryptocurrency taxation during a workshop scheduled for Aug. …
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Regulation
South Korea’s FSC to Introduce Digital Asset Bill in September with 20% Exchange Ownership Cap
by shayaanby shayaanSouth Korea’s Financial Services Commission (FSC) is set to submit a government proposal for the Basic Digital Asset Act in early September, …
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South Korea is preparing a dedicated crime-fighting unit for crypto offenses, Japan just handed out its first new exchange license in four …
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Regulation
South Korea’s Budget Office Proposes 5-Year Crypto Loss Carryforward and Higher Tax Threshold Ahead of 2025 Rollout
by shayaanby shayaanSouth Korea’s National Assembly Budget Office has recommended allowing virtual asset investors to carry forward trading losses for up to five years …
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Adoption
Bithumb Sets 2028 IPO Target For South Korea’s Second-Largest Crypto Exchange
by shayaanby shayaanSouth Korea’s second-largest cryptocurrency exchange, Bithumb, has mapped out a public listing target of 2028, with a preliminary review scheduled for 2027, …
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Bitcoin slides 2% after U.S. close while Korea’s Kospi plunges 10% www.coindesk.com
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Web3
NAVER, NVIDIA and Brookfield to Expand Korea’s National AI Factory Infrastructure Buildout
by shayaanby shayaanNews Summa y: NAVER, NVIDIA a d B ookfield pla to i vest i gigawatt-scale, multi-te a t AI cloud i f …
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South Korea’s stock exchange (KRX) has activated its 38th trading pause this year after more downward volatility crashed the price of the …