South Korea’s Crypto Community Faces Potential Reporting Overhaul
Discover the potential impact of South Korea’s proposed KTS rule on cryptocurrency transactions and industry reporting requirements.
South Korea’s Central Bank Gets the Power to Investigate Cryptocurrency Operators
The Bank of Korea gains authority to investigate crypto operators as South Korea advances its digital asset legislation amidst regulatory tensions.
South Korea Cracks Down on $2 Billion in Illegal Crypto Transactions
South Korea’s customs service arrests 16 for illegal crypto transactions worth $2 billion. Regulatory actions intensify as firms face strict deadlines.
South Korea’s Financial Intelligence Unit Clamps Down on Unregistered Crypto Exchanges
The FIU takes action against 16 unregistered crypto exchanges in South Korea, enforcing penalties and pushing for tighter regulations.
South Korean Authorities Crack Down on Crypto Staking: What You Need to Know
South Korean financial regulators are examining the crypto staking market in light of the SEC’s settlement with Kraken. What’s next for investors?
South Korea Takes Stricter Stance on Cryptocurrencies: New Regulations Ahead
Discover South Korea’s strict new cryptocurrency regulations, impacting token issuers and NFT platforms. Learn about penalties and compliance requirements.
Navigating South Korea’s Crypto Tax Conundrum: Conflicting Announcements and Political Drama
Explore South Korea’s crypto tax confusion with conflicting announcements, NFT regulations, and the political drama behind it all.
South Korea Introduces Tax on Nonfungible Tokens: What You Need to Know
South Korea introduces a 20% tax on NFT income exceeding $2,102. Discover how this affects investors and the evolving landscape of digital assets.
South Korea Declares NFTs Not Virtual Assets: What It Means for the Market
Discover South Korea’s FSC decision on NFTs, categorizing them as non-virtual assets and the implications for the NFT market and taxation.
South Korea’s Crypto Exchanges Face Deadline for New Compliance Rules Amid Concerns of Market Monopoly
As South Korean crypto exchanges face a deadline for compliance, the market risks monopolization and chaos for smaller operators and investors alike.