South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January

In recent developments, the Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top…

South Korea confirms 22% crypto tax starting January 2027: Report

In recent developments, south Korea’s Finance Ministry has reportedly confirmed for the first time that a 22% tax on crypto gains will proceed as scheduled in January 2027. Looking closer,…

Samsung SDS wins deal to build South Korea’s blockchain securities system: …

In recent developments, the Korea Securities Depository platform is expected to go live by February 2027, aligning with South Korea’s incoming security token framework. Looking closer, market participants highlight key…

South Korea crypto sector warns AML proposal goes too far: Report

In recent developments, crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Korea’s five largest exchanges to more than 5.4 million a year, Yonhap…

South Korea BOK Governor Prioritizes Digital Won CBDC in First Policy Speech

In recent developments, south Korea’s new Bank of Korea Governor Shin Hyun-song used his April 21 inaugural address to plant a firm stake in the ground: the country’s digital money…

Bank of Korea governor backs CBDCs, deposit tokens in first address

In recent developments, new Bank of Korea governor Shin Hyun-song supported CBDCs and deposit tokens in his first address, while stablecoins were notably absent from his remarks. Looking closer, market…

Chiliz price surges amid adoption in South Korea and UEFA Champions League ex…

In recent developments, chiliz price rose more than 13% to above $0.0433. Korea’s Naver Pay has onboarded nearly 1 million users to the Chiliz Chain. Top European teams with fan…

Circle, Dunamu Partner on Crypto Education in South Korea

In recent developments, circle and Dunamu have signed a partnership to promote digital asset education in South Korea. The collaboration aims to strengthen trust and regulatory alignment in the local…

South Korea fines Coinone $3.5M, orders partial business suspension: Reports

In recent developments, coinone is the second to face South Korea’s crackdown on exchanges in the last month, following a $24 million fine and a six-month partial suspension order against…

Bank of Korea Pushes Crypto Circuit Breakers to Prevent Sudden Market Breakdowns

In recent developments, south Korea is pushing crypto exchanges to adopt circuit breakers and stronger safeguards after internal control failures exposed vulnerabilities that can trigger sharp market disruptions. The Bank…