Chainlink Brings FX Rates Data From Top Korean Banks to DeFi
Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime. Go to Source Powered by WPeMatico
South Korea
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South Korean Police Investigate Who Leaked the Crypto Tax Bill
Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced. Go to Source Powered by WPeMatico
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance said income from digital assets below 2.5 … Read more
Bank of Korea Launches a Department Devoted to Blockchain and AI
Bank of Korea is launching a digital innovation department that will leverage blockchain and AI to improve business efficiency. Go to Source Powered by WPeMatico
South Korea Will Air a Crypto-Themed TV Series in October
“Romantic Hacker” will feature a K-pop star whose story is based on the hack of a fictitious crypto exchange. Go to Source Powered by WPeMatico
South Korea Finalizes Cryptocurrency Income Tax of 20%
South Korea has finalized a new 20% tax rate for income generated from crypto trading. Go to Source Powered by WPeMatico
Crypto Scammer Sentenced by South Korean Authorities
Man sentenced to two years and six months in prison after multi-million dollar crypto fraud. Go to Source Powered by WPeMatico
Korean Exchanges Struggle With Expansion Amid Uncertain Regulations
Cryptocurrency exchanges in Korea shrink within national boundaries due to lack of regulatory clarity. Go to Source Powered by WPeMatico
South Korean Giant Hanwha Invests $3M in Crypto Disclosure Startup
Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group. Go to Source Powered by WPeMatico
South Korea Might Soon be Spending Billions on Blockchain Development
President Moon Jae-in wants to allocate billions of dollars to strengthen industry 4.0 technology. Go to Source Powered by WPeMatico