2020-6-18 21:07 |
According to a report by a local media outlet, Korea JoongAng Daily, the South Korean finance minister today confirmed that the country will go ahead with its plan to tax cryptocurrency transactions. origin »
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South Korea’s finance minister said that cryptocurrencies like Bitcoin will be taxed as “intangible assets.”
2021-4-27 11:19 | |
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A local publication reported that South Korea’s Ministry of Strategy and Finance aims to introduce taxes for digital assets, with the rate expected to reach 20 percent. The announcement was made during the Financial Parliamentary committee meeting chaired by Minister Hong Nam-Ki on 17th July.
2020-6-18 22:22 | |
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A South Korean minister is calling to local firms to seize “golden” opportunities in the global blockchain market
2020-4-19 19:50 | |
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South Korea and Japan are vulnerable to a large-scale coronavirus outbreak as more than a dozen confirmed cases of the virus were reported. The post S.Korea’s Health Minister Devastatingly Warns of Coronavirus Outbreak’s ‘2nd Peak’ appeared first on CCN.com
2020-2-19 11:48 | |
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Popular Singapore-based cryptocurrency exchange Huobi may have found a new landing point in South America. After meetings between Huobi Group executives and senior Argentinian finance officials, potential business arrangements are likely in the works.
2019-3-29 21:25 | |
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Most of us know TikTok – the app that allows users to create 15-second videos – as a place for silly (and sometimes cringy) videos created by teenagers. But, there’s another side to it filled with sexually explicit content and cyberbullying.
2019-2-13 11:02 | |
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The Minister of Finance of South Africa, Tito Mboweni, explained in a letter on Jan. 2 that the region’s government has created a regulatory working group dedicated to cryptocurrencies. According to Mboweni, the working group includes representatives from multiple South African agencies and aims to produce a comprehensive regulatory response to the growing digital asset […] The post South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies appeared first on Bitcoin News.
2019-1-3 23:10 | |
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South Korea will push for major cryptocurrency adoption, claims a new report, strengthening the spotlight on the tech hub which forms one of the most crypto-friendly countries in the world. Also read: Korean Incoming Minister Confirms Crypto Taxation Plans South Korea’s Enthusiasm for Tech As one of the most innovative countries in the world, it’s no […] The post Report: South Korea to Push for Major Adoption of Cryptocurrencies appeared first on Bitcoin News.
2018-12-9 01:35 | |
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New Korean Finance Minister To Tax Cryptos Taxes are currently a very hot issue in Asia. Not only Japan has recently affirmed that it would change the way that it would regulate taxes, but South Korea is also now following the same path as its neighbor.
2018-12-5 23:43 | |
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The Finance Ministry of the South Korean government announced a plan to tax initial coin offerings and digital currencies in accordance with the creation of the taxation infrastructure and international trends.
2018-12-4 14:00 | |
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South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies and the private sector will be formed to examine overseas cases to establish domestic cryptocurrency tax rules.
2018-12-4 11:15 | |
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South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies and the private sector will be formed to examine overseas cases to establish domestic cryptocurrency tax rules.
2018-12-4 11:15 | |
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The South Korean government reportedly has plans to tax cryptocurrency and ICOs, despite the lack of a regulatory framework. Cryptocurrency ICO Taxation Policy According to The Korea Times, Hong Nam-Ki, Finance Minister nominee, revealed that the South Korean government is planning to tax cryptocurrency and initial coin offerings (ICO).
2018-12-4 10:03 | |
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The financial authorities of South Korea, most specifically from the Ministry of Finances, have declared that they are currently considering to create a cryptocurrency tax. The idea was announced by the active minister, Hong Nam-Ki.
2018-12-4 07:19 | |
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The government of South Korea is reportedly planning on taxing initial coin offerings (ICOs) and cryptocurrencies, according to a document submitted by finance minister nominee Hong Nam-ki, the CryptoGlobe reported.
2018-12-3 19:05 | |
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Lim Guan Eng, the finance minister of Malaysia, has warned individuals and companies planning to issue new cryptocurrencies with a stern: “don’t do it”. Addressing parliament on Nov. 26, Guan Eng advised to wait for legal guidance from Bank Negara Malaysia, the southeast Asian country’s central bank.
2018-11-27 12:43 | |
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South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent them from being used to fund terrorism.
2018-11-9 00:00 | |
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This Friday the South Korean Ministry of Science and Information Communications Technology (MSICT) promised support to facilitate the growth of the domestic blockchain industry. Min Won-ki, the Minister of Science held a meeting with blockchain startups as part of the government’s effort to establish contact with organizations in what it has dubbed the 10 key […]
2018-9-22 18:00 | |
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South Korea is planning to invest nearly $900 million next year to accelerate the development of blockchain, artificial intelligence and other emerging technologies.
2018-8-17 22:56 | |
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South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting.
2018-8-15 17:00 | |
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Upbit is inching toward a future Nasdaq debut thanks to a corporate tie-up involving Naver and Dunamu (a $14.5 billion equity exchange).
With Washington tightening the screws on North Korea’s crypto-funded nuclear weapons programme, South Korea says it’s open to rethinking its own sanctions playbook. During a recent interview, South Korean Vice Foreign Minister Kim Ji-na told local media that “coordination between…
Binance is facing renewed scrutiny from South Korean lawmakers after a parliamentary hearing this week reignited calls for the exchange to compensate victims of GOPAX’s failed GoFi deposit program. South Korean lawmakers are intensifying pressure on Binance to fulfill a…
Binance holds a 67% stake in Gopax, acquired in February 2023. A $4. 3 billion US settlement eased regulatory concerns in South Korea. Gopax faced a $47 million liquidity shortfall linked to Genesis Global Capital.
Binance is finally making progress with its South Korea re-entry after over two years of delay, as authorities have reopened their review of the exchange’s long-stalled takeover of local crypto exchange Gopax.
Hwang Jung-eum, a South Korean actress and K-drama star, was handed a suspended prison sentence for embezzling $3 million from her agency to invest in cryptocurrency. According to a report from local media outlet Korea JoongAng Daily, Hwang has been…
South Korean regulators have moved to quell a brewing risk in crypto exchanges. The new regime bans high-risk leveraged loans and institutes a strict 20% interest cap, citing serious concerns over investor protection and market stability. On September 5, South…
