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…
Read More »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…
Read More »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…
Read More »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.
Read More »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…
Read More »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…
Read More »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…
Read More »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…
Read More »All 200 Cryptocurrency Exchanges Could Be Shut Down Under New Regulation in South Korea, Regulator Warns
The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down….
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