Ripple‘s XRP experienced a remarkable surge over the weekend, crossing the $2 mark for the first time in nearly seven years. Data …
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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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Regulation
CryptoQuant CEO compares South Korea’s hostile Bitcoin stance to ‘Gary Gensler situation’
by shayaanby shayaanCryptoQuant CEO Ki Young Ju has raised concerns about South Korea’s readiness to approve spot Bitcoin exchange-traded funds (ETFs). In a Nov. …
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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 …
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Organized Network, an innovative cloud liquidity infrastructure solutions provider for decentralized finance or DeFi, has partnered with KODA, the leading cryptocurrency custody …
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South Korean authorities are preparing to regulate cross-border digital asset transactions beginning in late 2025, according to an Oct. 25 report by …