11-15-2024 
South Korea
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19 February, 2022
South Korea regulator to enhance supervision over digital currencies, NFTs, metaverse
The Financial Supervisory Service will become more stringent with the digital assets sector as it booms in South Korea, including...
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22 January, 2022
V Global scam: South Korean prosecutors call for life sentence in $1.9B case
The prosecutors believe that the life sentence is appropriate given the severity of the act, which they say destroyed families...
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5 January, 2022
South Korea to tax inherited and donated digital currencies starting 2022
South Korea’s tax agency will use data from the Big Four exchanges to determine the daily average price upon which...
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5 January, 2022
South Korea’s Coinone exchange blocks withdrawals to unverified wallets
Wallets such as MetaMask and Ledger, which don't require KYC verification, will no longer be usable on Coinone, a top...
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30 December, 2021
South Korea man who mistakenly received 200 BTC will not be punished for keeping it
The Supreme Court ruled that since BTC isn’t a property, the man who received 200 BTC by mistake isn't guilty...
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9 December, 2021
Digital currency VC Hashed under investigation by South Korea tax authority
While insiders at the tax agency claim the probe is related to slush funds and tax evasion, Hashed executives said...
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5 December, 2021
South Korea postpones 20% digital currency tax to 2023
The country’s National Assembly resolved to push the tax after months of fierce back and forth between the government and...
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3 December, 2021
South Korean regulator wants ICO ban reversed
The vice chair of the Financial Services Commission has asked the National Assembly in South Korea to reverse the ICO...
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18 November, 2021
‘Know-the-sender’ rule sparks heated debate in South Korea parliament
The rule would require all businesses to verify and report the identity of any user that sends them digital currencies,...
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9 November, 2021
South Korea will not regulate NFTs, financial watchdog says
South Korea’s Financial Services Commission is taking a cue from the Financial Action Task Force, which recently said NFTs are...
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24 October, 2021
South Korea’s digital currency tax battle may reach presidential election
There have been some oppositions surrounding the new income tax law, with investors accusing the government of insufficient protective measures...
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15 October, 2021
South Korea unregulated digital currency forex transfers hit record high at $677M
In the first eight months of the year, South Korea saw forex transfers via digital currencies hit a record high...
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