Kim Nam-guk, a candidate for the Democratic Party of Korea in the upcoming June 3 parliamentary by-election for the Ansan Gap district …
South
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Regulation
South Korean government faces pressure as crypto tax petition surpasses 52,000 signatures
by shayaanby shayaanMore than 52,000 South Koreans have signed a petition calling for the outright abolition of the country’s planned crypto tax, and it …
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Regulation
South Korea Petition to Scrap Crypto Tax Surpasses 39,000 Signatures
by shayaanby shayaanA petition on South Korea’s National Assembly e-petition system calling for the abolition of the country’s planned virtual asset taxation has gathered …
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Smart Contracts
South Carolina Passes Law Banning CBDCs While Protecting Crypto Users, Bitcoin Miners
by shayaanby shayaanIn short Senate Bill 163 was signed into law by South Carolina Governor Henry McMaster on Tuesday. The bill effectively bans the …
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Finance
South Koreans Pull $41B From Crypto as Bitcoin Slump Pushes Cash Into Stocks
by shayaanby shayaanThe total value of virtual assets held by South Korean investors plummeted by over $41 billion in roughly one year, according to …
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XRP/KRW was the most traded pair on Upbit and second on Bithumb, a familiar Korean market signal that has often preceded sharper …
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Regulation
South Korea’s tax agency deploys on-chain surveillance ahead of 2027 levy
by shayaanby shayaanSouth Korea’s National Tax Service is building an AI system that tracks crypto transactions and catches tax evaders. The agency kicked off …
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Mining
South Korea confirms external strikes caused fire on HMM Namu, sending ripples through crypto mining economics
by shayaanby shayaanSouth Korea’s joint investigation team has confirmed what many suspected: the fire aboard the HMM Namu on May 4 was caused by …
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South Korea’s Ministry of Economy and Finance has confirmed that crypto gains above $1,800 will face a 22% tax starting January 2027. …
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Regulation
South Korean Court Rules Orbit Bridge Operator Liable for $80.5 Million Hack
by shayaanby shayaanA South Korean court has ruled that Ozys, the operator of the cross-chain bridge service Orbit Bridge, is liable for damages to …