Friday, May 20, 2022
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South Korea

A South Korean governor has become the nation’s first leader to make public his digital currency investment

Despite the political instability in South Korea as a result of crypto-related legislation, a prominent senator has come forward to announce that...

South Korea to Impose a 20% Tax on Crypto Mining Activities

The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto...

South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’

The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among...

Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial Watchdog

Although bitcoin prices plummeted over the weekend, the overall bull-run remains alive, as well as the crypto-related fraud cases in South Korea....

In 2023, South Korea will introduce crypto tax regulations

Eventually, the South Korean authorities agreed to tax income from digital currencies beginning in 2023.  The nation will continue...

Huge South Korean Gaming Firm Preparing to purchase Bithumb Crypto Platform for $460 million

Nexon, the giant South Korean gaming company, is allegedly preparing to purchase a 65 percent stake in a transaction worth around 500...

Latest news

South Korean authorities worried about investors betting on a Terra’s (LUNA) comeback

South Korean crypto traders have recently rushed to buy Terra (LUNA)—a cryptocurrency that lost 99.99% of its value last week when its stablecoin TerraUSD (UST) collapsed,...

Polkadot: Why DOT can be expected to lead the upcoming bull run

Polkadot’s native cryptocurrency DOT has so far managed to remain on the list of top 20 cryptocurrencies by market cap. The latest...

Mashinsky says ‘Sharks of Wall Street’ circling around Celsius and other projects

The CEO of crypto lending and staking platform Celsius Alex Mashinsky believes “the Sharks of Wall Street” can smell blood in the...

Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off

Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the...

Getty Images Invests in NFTs

Candy Digital, a creator of the NFT ecosystem, has formed a multi-year relationship with Getty Photos, a prominent provider of journalistic images,...
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