South Korea News
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South Korean officials are discussing another postponement of the crypto income tax scheduled for January 1. The presidential office has signalled support for moving the start to 2029, but the National Assembly has not passed that change. For a trader,…
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South Korea has begun considering a new education tax on cryptocurrency exchanges that could leave major operators such as Upbit and Bithumb paying billions of won annually if they are reclassified as financial businesses under the proposed Digital Asset Basic…
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South Korea is considering delaying its 22% crypto gains tax until 2029, citing overseas trading data gaps and concerns about taxing domestic investors.
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South Korea will require registration and reporting for cross-border crypto transfers from December 3, including exchanges and private wallets.
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South Korea’s central bank has introduced new reporting requirements that will require domestic crypto exchanges to disclose the monthly holdings of users who have previously transferred digital assets overseas. According to an October 23 report by local media outlet Digital…
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South Korea's Digital Asset Basic Act nears completion, but lawmakers seek to delay the 2027 crypto tax while regulators finalize industry rules and guidance.
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South Korea will meet five crypto exchanges on October 20 as lawmakers propose delaying the planned 22% cryptocurrency income tax from 2027 toward 2029.
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Australia proposes new crypto exchange rules covering licenses, trading, customer funds and capital, with feedback due November 27 ahead of 2027 rollout.
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South Korea plans tougher cybersecurity checks after breaches at 16 financial firms exposed 100,000 records, with crypto exchanges among those affected.
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South Korea plans to issue crypto tax guidelines in November ahead of its 22% tax starting January 2027, with staking and airdrop rules unresolved.
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Ripple partners with Meritz Securities to explore digital asset custody and tokenization in South Korea, expanding its institutional business.
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South Korean financial technology company Koscom has announced plans to showcase its shared tokenized securities platform at Korea Fintech Week 2026 as financial institutions prepare for the country’s new blockchain securities regulations. According to an Oct. 13 report by Yonhap…
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SBI Holdings and KB Kookmin Card partner to test AI identity checks and explore stablecoin payments for Japanese tourists visiting South Korea.
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South Korea orders website blocks on 27 unregistered crypto exchanges, including KuCoin and MEXC, as regulators target unauthorized trading.
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Jeonbuk Bank has begun making won loans to corporate borrowers against Bitcoin held by a specialist custodian. A drop in BTC does not put coins on the bank’s own balance sheet. It does, however, test the lender’s valuation, collateral monitoring…
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South Korea’s Jeonbuk Bank has introduced the country’s first bank issued won loans backed by Bitcoin, allowing corporate customers to use their cryptocurrency holdings as collateral for business financing. According to an October 12 report by local news outlet Edaily,…