South Korea
February 19, 2024
Published by Victoria Kyle at February 19, 2024
Amid South Korea’s upcoming general election in April, the ruling People Power Party is advocating for a two-year postponement of crypto gains taxes, aligning with its […]
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February 07, 2024
Published by Victoria Kyle at February 07, 2024
The South Korean government has introduced revisions to the Virtual Asset Users Protection Act, aiming to implement cryptocurrency-focused regulations geared towards safeguarding investors from market crimes. […]
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February 05, 2024
Published by Victoria Kyle at February 05, 2024
South Korea’s Financial Supervisory Service (FSS), the country’s primary financial regulator, is planning to engage with the United States Securities and Exchange Commission (SEC) to gain […]
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Published by Victoria Kyle at February 05, 2024
South Korea’s financial watchdog has put forward amendments that would require new executives in cryptocurrency projects to obtain regulatory approval before assuming positions in crypto companies. […]
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January 19, 2024
Published by Victoria Kyle at January 19, 2024
South Korea’s Financial Services Commission (FSC) recently cautioned against trading U.S.-based spot Bitcoin exchange-traded funds (ETFs). However, the Office of the President, also known as the […]
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January 04, 2024
Published by Victoria Kyle at January 04, 2024
South Korea’s financial regulator is concerned about illegal outflows and money laundering risks from citizens using credit cards to buy crypto from overseas exchanges. South […]
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December 11, 2023
Published by Victoria Kyle at December 11, 2023
Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits. The Financial Services Commission (FSC) of […]
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December 04, 2023
Published by Victoria Kyle at December 04, 2023
Financial regulators in South Korea have opened a window of time for people to come forward and report any unlicensed cryptocurrency exchanges operating in the country. […]
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September 18, 2023
Published by Victoria Kyle at September 18, 2023
According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using digital currency was estimated to be worth $4 billion last […]
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