Tag: NFT
South Korea’s central bank will now test offline payments and protecting personal IDs.
Samsung NFT TV and Presence in Decentraland
The idea of the metaverse is no longer the distant, dreamy vision shared only among a limited number...
[2022 JANUARY] Teenage Bitcoin Enters Its Wonder Years
Happy 2022, dear readers! Today, January 3, marks the 13th birthday of bitcoin’s genesis block. It’s an anniversary of that mysterious but world-changing day...
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...
[DECEMBER] The Metaverse in the Cupboard
Buzzwords tend to arrive fast and leave faster in the technology sector, but the latest one is likely to plant itself deeply into the...
South Korean Regulator Says NFTs Aren’t Cryptoassets – and (Probably) Won’t Tax Them
South Korea’s top financial regulator says that non-fungible tokens (NFTs) are not cryptoassets – and will likely exclude them from capital gains taxation.
The status...
[NOVEMBER] Your Experience Authenticated: NFTs Go Meta
If a luxury item is purchased but there’s no one around to envy it, did it really make a sound?
For the rapidly growing class...
BTS agency agrees to establish NFT joint venture with domestic blockchain company
Hybe, the agency of K-pop wonder BTS, diversified its business portfolio into such as non-fungible tokens through a joint venture with Dunamu, a blockchain...
South Korean exchanges to seek revenue from new ventures
Following the September 24 deadline for South Korean crypto exchanges to comply with the new regulations, only four were granted full operation.
Around 60 exchanges...
Samsung Next, others grow blockchain portfolio despite tightened South Korea regulations
In South Korea, an anonymous crypto investor once wrote to the finance minister that the country’s strict regulations on the virtual asset industry will...
South Korea Plans 20% Crypto-Tax From 2022, Will Exclude NFTs as Taxable
The country’s crypto tax rules that had been previously proposed have been accepted and will go into effect in 2022. As of now, non-fungible...
LATEST ARTICLES
Financial Supervisory Service Releases Handbook on Cryptocurrency Investment Scams
The Financial Supervisory Service (FSS) has taken proactive measures to prevent cryptocurrency investment scams. According to a recent press release, the FSS has revamped...
