Tax and KYC Issues Plague Upbit’s Foreign Withdrawals, Exchange Says
South Korean crypto exchange Upbit still bans foreign clients from withdrawing funds Go to Source Powered by WPeMatico
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Korean ICO Contents Protocol Shuts Down, Will Return $7.5M to Holders
South Korean ICO project Contents Protocol will return the majority of its initial funds to token holders Go to Source Powered by WPeMatico
Bank of Korea Seeks to Deploy Blockchain in Bond Market: Report
South Korea’s central bank is working on a project to distribute bond records on the blockchain, a report says Go to Source Powered by WPeMatico
Bithumb to Get Wall Street-Level Fintech Expertise via New Partnership
Major South Korean crypto exchange Bithumb to partner with BitMax, accessing the latter’s Wall Street-level fintech expertise Go to Source Powered by WPeMatico
South Korea Commits $16M to Training Future Digital Finance Experts
South Korean government is investing $16 million in future digital finance experts Go to Source Powered by WPeMatico
Huobi Joins Multinational Alliance Klaytn Governance Council
Huobi latest addition to roster of multinational Klaytn Governance Council Go to Source Powered by WPeMatico
Is the Future of Blockchain Tech Innovation in the East?
China, South Korea or India: Who will replace the U.S. as the world’s tech leader? Go to Source Powered by WPeMatico
South Korea Considers Imposing a 20% Income Tax on Cryptocurrencies
South Korean regulators are reportedly considering a 20% income tax on income from crypto transactions Go to Source Powered by WPeMatico
Bitcoin.com Partners With Mecon Cash, Enabling BCH to Korean Won Withdrawal at Over 13,000 ATMs Across South Korea
Bitcoin Cash has been added to Mecon Cash’s M.Pay platform which is integrated with over 13,000 ATMs in South Korea. By making bitcoin cash usable for withdrawing won across the country, Mecon Cash is ensuring that BCH users in Korea can always make urgent and small transactions in any place that still does not accept … Read more
Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. Also read: Regulatory Roundup: EU-Wide Crypto … Read more
