Category: South Korea
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Bitcoin’s Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally
Major Party in South Korea Proposes to Defer Cryptocurrency Taxation
Terra co-founder Do Kwon will stay in Montenegro until February: Report
The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after a prison sentence in Montenegro for using falsified travel documents.
South Korea excludes NFTs, CBDCs from crypto interest mandate
Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits.
Italy and South Korea central banks agree on CBDC cooperation
The central banks of Italy and South Korea announced a memorandum of understanding in the development and deployment of their respective CBDCs.
South Korean financial authorities solicit reports on unlicensed crypto exchanges
Financial regulators in South Korea have opened a window of time for people to come forward and report any unlicensed cryptocurrency exchanges operating in the country.
South Korea to invite 100,000 citizens to test CBDC in 2024
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange, or send it to other users.
US regulators continue to discuss crypto: Law Decoded, Nov. 13–20
Elizabeth Warren continues pressing for tighter regulation, and Vivek Ramaswamy promises to defend crypto from the government’s overreach if elected.
South Korea’s pension fund bags 280K Coinbase shares: SEC data
South Korea’s National Pension Service, one of the world’s largest pension funds, invested $20 million in Coinbase in Q3 2023.