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ICOs Could Be Returning to South Korea

Presidential candidates from South Korea’s two leading political parties have come out in support of an unban on initial coin offerings. ICO Unban Receives Support Initial...

Korean banks remain conservative toward cryptocurrency industry

Korean banks are taking a cautious attitude to the emerging digital currency industry, amid lingering concerns over crypto exchange operators' possible security loopholes, industry...

South Korea Metaverse Crypto Coins Today

#1 traded metaverse coin : WEMIX Today, the highest-traded Metaverse crypto coin($1.16B) is WEMIX, a custom blockchain project made by the South Korean gaming platform...

Game stocks discover gravity in 2022

Game stocks are nosediving this year after a gravity-defying 2021 thanks to their connections with the metaverse and non-fungible tokens (NFT), two fads that...

South Korea takes stance against mobile crypto gaming

The blockchain-based gaming expansion is growing following the upsurge in crypto-related interests. However, the South Korean government is the first government to take a...

Donated or Inherited Virtual Assets to Be Taxed by South Korea’s NTS

Virtual Asset Service Providers Tasked With Evaluating Crypto Gifts South Korea’s National Tax Service (NTS) recently announced that starting in 2022, digital assets that are...

Korean lawmaker to accept cryptocurrency donations

Rep. Lee Kwang-jae of the ruling Democratic Party of Korea said Thursday that he would start accepting cryptocurrency donations sometime in mid-January, for the...

Metaverse Riches Lure One of South Korea’s Oldest Conglomerates

One of South Korea’s biggest conglomerates with roots firmly in traditional industries is taking a leap into the unknown with its next target for...

South Korea Prohibiting Withdrawals from Exchanges to Non-KYC Wallets Starting March 2022

The South Korean government is prohibiting withdrawals from local cryptocurrency exchanges to non-KYC wallets such as MetaMask, starting next year, as per the local...

IN SOUTH KOREA, MIXED MESSAGES ABOUT CRYPTOCURRENCY TAX POLICIES ARE CAUSING UNCERTAINTY

The government’s waffling on the crypto tax, which is due to take effect in 2022, has generated a tangle of contradictory stories that even...

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