The Cryptocurrency Industry Insists, “Resolve the Regulatory Uncertainty” Due to the Continuous Shut Downs...
As crypto-related companies shut down successively, voices of concern come from the cryptocurrency industry. Uncertainty over the years of regulatory gaps is the main...
Vulnerable Coin Is OUT… Three Cryptocurrencies Was ‘Delisted’ from Coinone for a Month
The cryptocurrency exchange Coinone has delisted three cryptocurrencies in a month and started filtering out vulnerable coins. It aims to prevent risks, such as...
Increasing Real-life Payment of Cryptocurrency…The Popularization Begins in Earnest
Blockchain companies such as Terra, Huobi Group, and Paycoin are drawing attention by expanding real-life payment area using cryptocurrencies. These companies are making efforts...
‘The Data Exchange’, Which Can Trade Financial Data, Will Open in March
The data exchange for financial sector, a platform for purchasing and selling data in the financial sector, will open in March and execute test...
The Korean Government Considers Imposing ‘Other Income Tax’ with 20% Tax Rate on Cryptocurrency...
According to government officials on the 20th, the division under the Ministry of Economy and Finance (hereinafter called ‘MOEF’), which is reviewing the taxation...
Cryptocurrency Trading Industry Facing the Expiry of Real Name Account Contract…Stricter Requirements of Banks
Last year, the domestic cryptocurrency trading industry, which was struggling due to massive damage caused by hacking and tax burden, stands at the crossroads...
“Find the Next Growth Engine” Competition among Local Governments to Promote Blockchain Industry
All local governments in South Korea are trying to foster blockchain industry. In particular, Busan plans to create a local blockchain ecosystem around four...
“Three Data Bills are Cornerstone, Now at the Beginning Stage”… Challenges to resolve
Regarding the ‘Three Data Bills (Personal Information Protection Act·Protection of Credit Information Act·Information and Communication Network Act)’ which passed the National Assembly’s plenary session...
Deputy Prime Minister Hong Nam-Ki, “It Should Be Taxed on Bitcoin Profits of Koreans”
Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance said “It is desirable to impose taxes on Koreans if they are...
Upbit Restricts the Withdrawal of Foreign Customers… This Is a Subtle Agreement with Bithumb’s...
The National Tax Service (NTS) has imposed a tax of 80.3 billion won on the cryptocurrency exchange Bithumb in relation to withholding of foreign...