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Gaming Giant WeMade Wants to Buy Bithumb

Another South Korean gaming giant has been linked with a possible deal to take over Bithumb, one of the country’s biggest crypto exchanges. Per a...

Bank of Korea Governor Says Crypto as a Payment Option is Limited

BOK Governor Not Impressed With Crypto According to a report from local news outlet KBS on Thursday (April 15, 2021), the BOK Governor seems not...

Naming Rights NFT for S. Korea’s First Bitcoin and Ethereum Trade Up for Auction

The right to name the country’s first trade of Bitcoin and Ethereum has been made into a Non-Fungible Token (NFT) and put up for...

Korea’s crypto investors appear to be shifting toward minor virtual coins

An ample amount of investors appears to be shifting toward other minor coins, market watchers here said on Tuesday, citing a sudden decline of...

[Part 2] 13 Questions and 13 Answers about virtual asset tax in Korea

7. Local income tax 10% But actually, the 20% tax isn't everything. Taxation at 20% does not take into account the 10% local income tax. What is...

Crypto Moms Now Taking Bitcoin Buying Tips from their Kids

South Korea’s “crypto moms” are getting serious about their bitcoin (BTC) and altcoin buying – and, per a new report, are turning to their...

[Part 1] 13 Questions and 13 Answers about virtual asset tax in Korea

1. Virtual Asset Coins like Bitcoin or Ethereum are largely divided into two terms. First, when it is called as currency like virtual currency or cryptocurrency. Second,...

South Korea’s Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the...

Bitcoin, Ethereum, and Bitcoin Cash See Premiums in South Korea Bitcoin prices on domestic South Korean crypto trading platforms are much higher than they are...

Shinhan Bank and LG CNS CBDC Platform Development Scenario

Shinhan Bank and LG CNS CBDC Platform Development Scenario Recently, the central bank, the Bank of Korea, is anticipating a pilot test of digital currency...

60% of new crypto investors in South Korea belong to the 20-30 years old...

Big data firm IGA Works released the “Virtual Currency App Market Analysis” research, which revealed the latest crypto investment trends in South Korea. According...

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