South Korea has advanced a three-part digital-finance program covering crypto accounts for about 3,500 companies, legal recognition for tokenized securities, and deposit-token …
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Regulation
South Korean lawmakers seek expanded FIU powers over unregistered crypto firms
by shayaanby shayaanA group of South Korean lawmakers has introduced a bill to amend an existing financial law and expand the Financial Intelligence Unit’s …
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BitGo Korea said it has received virtual asset service provider registration acceptance in South Korea. In an Aug. 19 announcement, the company …
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A South Korean lawmaker has proposed postponing the country’s virtual asset income tax for another three years, pushing the effective date to …
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Adoption
Regulatory Momentum Sweeps Asia As Russia, Japan, And South Korea Advance Crypto Frameworks
by shayaanby shayaanWhile Washington remains stuck in legislative tug-of-war over a landmark crypto bill, half a world away the regulatory machine is moving with …
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Regulation
South Korea Approves Retired Police, Tax Officials for Jobs at Bithumb Affiliates
by shayaanby shayaanSouth Korea’s Government Public Ethics Committee has approved the employment of retired officials from the National Police Agency and the National Tax …
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South Africa’s National Treasury and the South African Reserve Bank (SARB) have published a draft rule that, for the first time, sets …
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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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Finance
South Korea has approved new sovereign fund account for AI and strategic sectors
by shayaanby shayaanSouth Korea has approved plans to establish a new 20 trillion won investment account within its sovereign wealth fund to finance artificial …
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Adoption
South Korea Confirms 2027 Crypto Tax After Three Delays, Trading Volume Fears Return
by shayaanby shayaanAfter three postponements that kept crypto gains untaxed since the initial 2022 deadline, South Korea’s government is drawing a line. Deputy Prime …