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South Korea’s ruling party plans to pass a bill to delay crypto taxation

South Korea’s ruling party, the Democratic Party of Korea, is planning to pass a bill that postpones the taxation of virtual assets before January 1, 2022. A report disclosed this news earlier today, noting the ruling party objected to Deputy Prime Minister and Minister of Strategy and Finance Hong Nam-ki’s question of whether the Ministry […] The post South Korea’s ruling party plans to pass a bill to delay crypto taxation appeared first on Invezz. дальше »

2021-9-17 21:37


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Blockchain Venture Capital IgnisVC Signs MOU with TikTok for NFTs and Metaverse

Leading blockchain venture capital firm IgnisVC (IGNISVC) today announced a strategic partnership MOU with TikTok. IGNISVC Inks Strategic Partnership with TikTok Seoul, South Korea-based blockchain venture capital company IgnisVC’s strategic partnership with TikTok is aimed toward fostering business collaboration and advertising partnership with Virtual Contents, Metaverse, NFT Marketplace, and TikTok Shop Commerce.  With the latestRead More дальше »

2021-8-17 13:00


Talk About Renewable Energy: Toilet Turns Excrement Into Power AND Currency

A professor at the Ulsan National Institute of Science and Technology (UNIST) in South Korea basically turned led into gold. The toilet he created uses human feces “to produce biogas and manure.” Not only that, every person using it gets paid in “a virtual currency called Ggool, which means honey in Korean.” That’s right, this […] дальше »

2021-7-30 02:49


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South Korea’s Financial Regulator Holds Closed-Door Meeting With 20 Crypto Exchanges

Regional reports disclose South Korea’s Financial Services Commission (FSC) had a closed-door meeting with roughly 20 different cryptocurrency exchanges on June 3. The report highlights that virtual asset business operators (VASPs) that attended the meeting all had ISMS (Information Security Management System) certification. дальше »

2021-6-5 02:00


South Korea Finance Minister: Taxing Cryptocurrency Gains is ‘Inevitable’ Starting Jan 2022

On Tuesday, Hong Nam-Ki, South Korea’s finance minister, stated that the government is on course with the proposal to introduce capital gains tax on crypto trading starting next year. “It’s inevitable, we will need to impose taxes on gains from trading of virtual assets,” Hong stated during a news conference on Tuesday. дальше »

2021-4-28 21:38


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Uppsala aids Bithumb exchange fraud victim in complete recovery of stolen crypto

CryptoNinjas » Uppsala aids Bithumb exchange fraud victim in complete recovery of stolen crypto Uppsala Security, a provider of tools for crypto AML, risk management, regulatory compliance, and cybersecurity, has announced that in cooperation with Bithumb — a South Korea based bitcoin and cryptocurrency exchange, it has helped a victim to recover approximately 20 million KRW ( around USD $18,000) by timely identifying the suspect of a virtual asset […] CryptoNinjas » Uppsala aids Bithumb exchange fraud victim in complete recovery of stolen crypto дальше »

2021-4-27 04:23


Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin

CryptoNinjas » Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin Uppsala Security, a provider of cybersecurity tools for crypto AML, risk management, and regulatory compliance, announced today the signing of a contract to build a ‘Virtual Asset AML’ solution for crypto exchange Coin&Coin that complies with the amendment of the Special Money Act in South Korea. дальше »

2021-4-7 22:40


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Blockchain Adoption in South Korea’s Health Sector on the Rise Amid COVID-19

South Korea’s healthcare sector is seeing an increase in blockchain adoption as practitioners pivot towards virtual contact with patients amid the ongoing coronavirus pandemic. From the handling of clinical research data to patient information, the novel tech is experiencing utilization in South Korea as stakeholders prioritize privacy and efficiency within the industry. дальше »

2020-12-16 20:00


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South Korean Lawmakers to Delay Cryptocurrency Tax Rule Implementation Till 2022

The South Korean lawmakers are reportedly making plans to push a three-month delay on the imposition of a tax law amendment bill that the government had proposed on virtual currencies. The bill aims to impose income tax on investments in cryptocurrencies like Bitcoin, ETH, and the likes and have been enforced to commence from October […] дальше »

2020-11-26 00:23


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South Korea: Crypto Tax Law Might Be Postponed Until 2022

South Korea’s National Assembly may grant a three-month extension for the enactment of its planned crypto tax policy following consultations with industry stakeholders. Several commentators within the country’s cryptocurrency space still argue that levying taxes on virtual currency trading gains will likely stifle the growth of crypto commerce in the country. дальше »

2020-11-25 16:30


South Carolina Blockchain to Present Emerging Tech Leaders at Resilience SC 2020 Virtual Blockchain Conference on July 15th

Charleston SC - FedEx strategist Dale Chrystie will be headlining the Resilience SC 2020 Virtual Blockchain Conference next month. Despite the postponement of the 1st annual South Carolina BlockchaThe post South Carolina Blockchain to Present Emerging Tech Leaders at Resilience SC 2020 Virtual Blockchain Conference on July 15th appeared first on AMBCrypto. дальше »

2020-7-8 06:30


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South Korean Giant Kakao Rolls Out Crypto Wallet App Klip

Klaytn, the blockchain platform developed by South Korean conglomerate Kakao, has just released a crypto wallet. The company announced the news via a Medium post published on Wednesday. According to the announcement, the wallet named Klip will support Klaytn’s native token KLAY and ten other Klaytn-based virtual ‘coins’ as well as numerous other non-fungible tokens […] The post South Korean Giant Kakao Rolls Out Crypto Wallet App Klip appeared first on BeInCrypto. дальше »

2020-6-4 21:06


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Why the Recent Developments in South Korea and the Swelling tide of Regulation Could be not so bad for the Crypto Industry 

The coming calendar change has regulators rethinking how they stand in relation to cryptocurrency moving forward. Reports out of South Korea have lawmakers in the country drafting up bills for legislature that would levy taxes on capital gains earned with crypto and increase the transparency of the virtual asset market. дальше »

2019-12-17 12:00


Power Ledger Launches a Blockchain Energy Trading Software, Virtual Power Plant, in Australia

Power Ledger, an Australian blockchain company, is launching blockchain technology in South Australia in partnership with a local energy retailer, Powerclub. With the new blockchain technology, Australians will be able to pool excess solar energy and battery storage into a Virtual Power Plant, which enhances effective management and exercises significant control over their energy. Like […] дальше »

2019-11-9 22:36