South Korea Brings New Law to Legitimize Crypto

The National Assembly of South Korea’s legislation and judiciary committee has passed a crucial digital currency-related bill on Thursday, legalizing crypto in the country. Dubbed Special Financial Informati...

South Korean Army Goes Digital

The South Korean Military’s Military Manpower Administration, as reported by Newsis, has announced that they will be adopting a new biometric ID and authentication solution designed by Raonsecure, one of the ...

Bithumb Takes $69M Withheld Tax Dispute to Court

South Korean crypto exchange Bithumb has appealed to the tribunal against the National Tax Service’s (NTS) order to pay $69 million in withheld tax. Reported by The Korean Times on Thursday, the exchange is ...

South Korea Won’t Tax Crypto Profits

To ease the confusion of crypto taxation, the South Korean government has decided not to impose a tax on earnings from digital asset trading. The clarification came in a recent announcement by the country’s ...

South Korea to Impose Capital Gains Tax on Crypto

Properly taxing earnings from crypto is a major debate topic all over the world; however, the South Korean government has finally found a way. The South Korean Ministry of Economy and Finance has decided to ...

South Korea Passes New Bill to Pave Crypto Regulation Path

After much deliberation in the past years, South Korea has recently taken important steps toward regulating the crypto space. Today, the National Assembly’s national policy committee passed a bill that will l...