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Tag: South Korea

Experts say new South Korean crypto rules will create a monopolized market

March 23, 2021 wp-bot Cointelegraph

Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under

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OKEx Korea crypto exchange to shut down as new reporting laws take effect

March 23, 2021 wp-bot Cointelegraph

OKEx Korea announced that it’s shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday.

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South Korean internet giant Naver reportedly joins Bithumb stake race

March 22, 2021 wp-bot Cointelegraph

Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange.

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South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn

March 20, 2021 wp-bot Bitcoin News

South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS)

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Blockchain
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