Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express

Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash: Asia Express.

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South Korea Issues Securities Guidelines For Cryptocurrencies Ahead of Planned Legalization

. The Republic of Korea published guidelines on Monday to define which specific cryptocurrencies would fall under the “financial securities” umbrella. South Korea is currently working on comprehensive regulation for…

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ICO and Personal Information Protection Commission, South Korea, sign Memorandum of Understanding

The Information Commissioner’s Office (ICO) and the South Korean Personal Information Protection Commission (PIPC) have a strong relationship which recognises their shared common mission to uphold people’s information rights, while…

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How Gaming and Online Casino Promote the Use and Popularity of Cryptocurrency

The world of online gambling is growing faster every time. Statistics show that there are an estimated 1 billion online gamers around the world, with the largest numbers found in…

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South Korea Embraces Cryptocurrency While Testing its own CBDC

South Korea is known for its technological advances in various fields. With the introduction of cryptocurrencies, the country has begun to actively explore the potential of this industry.

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Mixed messages on crypto tax rules create confusion in South Korea

Government officials waffling about the crypto tax that’s set to come into effect in 2022 has created a maelstrom of conflicting reports that even officials can’t seem to keep track…

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South Korea’s FSC Nominee Is Not a Cryptocurrency Enthusiast

Koh Seung-beom, the nominee for South Korea’s Financial Service Commission (FSC), said that he does not see cryptocurrencies as a financial asset. FSC Nominee Says Crypto Not a Financial Asset…

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GME Remittance Joins RippleNet to Accelerate and Scale Payments from South Korea into Thailand

Today, we’re excited to announce that Global Money Express Co. Ltd (GME Remittance), one of the largest non-bank remittance service providers in South Korea has joined RippleNet. Through RippleNet, Ripple’s…

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South Korea Announces Testing of CBDC Right After Imposing a New Tax Framework; Is It a Coincidence?

Recently, the South Korean Finance Ministry announced imposing a 20% tax on cryptocurrency earnings. Curiously enough, the decision comes a couple of days before the announcement concerning the testing of…

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South Korea’s Upcoming Crypto Tax Law Inevitable, Says Finance Minister

South Korea’s Minister of Economy and Finance has stated that the upcoming tax on cryptocurrency trading gains proposed by the government is inevitable. South Korea Not Going Back on Crypto…

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