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 Africa draft bill would tighten crypto capital controls

In recent developments, south Africa’s draft capital flow rules would bring crypto under exchange controls, with declaration duties, transaction limits and tougher penalties. Looking closer, market participants highlight key drivers…

South Korea tax agency opens bidding for crypto tracing tool

In recent developments, south Korea’s tax authority is looking to build crypto transaction tracking software that can help track potential tax evaders. Looking closer, market participants highlight key drivers such…

Ripple teams with Kyobo on South Korea tokenized bond settlement

In recent developments, ripple and Kyobo Life are piloting tokenized government bond settlement as South Korea builds rules for token securities and digital asset payments. Looking closer, market participants highlight…

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…

Jito, KODA team up on institutional staking in South Korea

In recent developments, the collaboration aims to bring regulated custody and staking for JitoSOL to South Korea as institutions prepare for new crypto rules. Looking closer, market participants highlight key…

South Korea Fines Coinone $3.5M, Suspends New User Services for 3 Months Over…

In recent developments, south Korea’s Financial Intelligence Unit fined crypto exchange Coinone 5.2 billion won and ordered a three-month partial business suspension after inspectors found systemic failures in customer identity…