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South Korea to postpone Crypto Tax bill to 2027
Latest South Korea News
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CryptoQuant CEO warns of economic instability and calls for reform in South Korea’s financial policies. In a Dec. 19 post on X, Ki Young Ju, the CEO and founder of CryptoQuant, expressed grave concerns about the status of the Korean…
News
Ex-member of South Korea’s Democratic Party imprisoned for concealing 10 billion won in cryptocurrency assets. Kim Nam-kook, a former legislator for the Democratic Party of Korea, was found guilty of hiding cryptocurrency holdings while he was a member of the…
News
South Korean crypto exchange Bithumb adds the Truth Terminal meme coin, Goatseus Maximus, to its listings. Trading support for GOAT and Korean won pairs begin on Dec. 17 at 04:00 UTC. In a recent notice, Bithumb announced that Goatseus Maximus…
GOAT
Goatseus Maximus
News
Chairman of the South Korean Stock Exchange, Jeong Eun-bo, believes the nation should act quickly in institutionalizing the crypto market or risk falling behind other countries. In an interview with South Korean media outlet Maeil Kyungjae, Eun-bo argued the crypto…
BTC
Bitcoin
News
South Korea’s financial watchdog is investigating the Coinone crypto exchange over Movement’s token sharp price swings, raising concerns over potential unfair trading. A major investigation is underway into Korean crypto exchange Coinone after the price of the Movement (MOVE) token…
MOVE
Movement
News
The South Korean National Assembly reportedly decided to put all discussions regarding crypto-related regulations on hold, following the aftermath of martial law and impeachment plans for the current president. According to a Chosun report, a South Korean National Assembly official…
BTC
Bitcoin
News
The South Korean movie titled ‘Crypto Man’ starring late actor Song Jae-rim is scheduled for release on Jan. 15, 2025. The movie is inspired by true events from a $34.9 billion crypto crash. According to South Korean media JTBC, The…
News
Two South Korean major crypto exchanges, Upbit and Bithumb, will list MOVE on the same day, Dec. 9. Both exchanges will open trading for the token at 21:00 KST. Upbit and Bithumb will list utility tokens from Movement Labs, an…
News
Woori Technology, a long-time shareholder in Dunamu, parent company of crypto exchange Upbit, plans to exit after nine years, following a failed coup in South Korea. Woori Technology Investment, a South Korean venture capital firm, is reportedly planning to sell…
News
After the implementation of the South Korean martial law, the country’s five major crypto exchanges recorded a spot trading volume of over $34 billion in the past 24 hours, setting a new record high. According to data from CoinMarketCap, in…
Markets
Crypto prices crashed hard in South Korea as the local currency plunged to a record low. Bitcoin (BTC) price dropped to 88,197,000 KRW, its lowest level since October 5, before rebounding to 132,000,000 KRW. The cryptocurrency was down by almost…
News
Retail trading volume in South Korea hit $18 billion in 24 hours on Dec. 2, surpassing the Korean stock market by 22%.
News
South Korean regulators agree to postpone the 20% crypto tax for two years, after rejecting the Democratic Party’s proposal to raise the annual tax threshold from 2.5 million won to 50 million won. According to local media outlet Money Today,…
News
The South Korean FSC remains cautious of digital assets in the wake of domestic calls for a Bitcoin reserve after the U.S takes a bullish stance on crypto. According to a news report from South Korean news outlet Newsprime, Chairman…
BTC
Bitcoin
News
The Democratic Party of Korea has confirmed its intention to introduce a 20% cryptocurrency taxation starting in Jan. 2025.
News
The Seoul Rehabilitation Court officially declared bankruptcy on crypto yield platform Haru Invest, after it was implicated in a crypto fraud worth up to $1 billion. Investigations by South Korean law enforcement revealed that Haru Invest, a crypto yield firm…
Feature
Feature
