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South Korea Set to Impose Crypto Tax on Trading Profits
The South Korean government is making plans to implement a 20 percent crypto taxation policy on income and profits made from crypto trading and transactions. 20 Percent Crypto Tax Coming to South Korea According to reports from PulseNews, the South Korean government is making plans to implement a new crypto tax policy on gains fromRead MoreRead More. дальше »
2020-1-20 16:00 | |
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South Korea considering the imposition of 20% tax on crypto-profits
South Korea's finance ministry might be planning to impose a 20 percent tax on income gained from cryptocurrency transactions, according to a recent Korea Herald report. The report quoted a governmentThe post South Korea considering the imposition of 20% tax on crypto-profits appeared first on AMBCrypto. дальше »
2020-1-20 10:19 | |
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Bitcoin.com Partners With Mecon Cash, Enabling Withdrawal at ATMs Across South Korea
Bitcoin Cash has been added to Mecon Cash’s M. Pay platform which is integrated with over 13,000 ATMs in South Korea. By making bitcoin cash usable for withdrawing won across the country, Mecon Cash is ensuring that BCH users in Korea can always make urgent and small transactions in any place that still does not accept […] The post Bitcoin. дальше »
2020-1-20 09:55 | |
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Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. дальше »
2020-1-17 13:58 | |
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Bithumb Takes Korean Tax Authority to Court Over ‘Groundless’ Crypto Tax
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. дальше »
2020-1-18 13:58 | |
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South Korean Exchange Bithumb To Fight NTS In Court Over $69M Tax Bill
According to local reports from The Korean Times, the largest crypto exchange in the country is challenging the latest tax imposed by the National Tax Service (NTS) in a Tax Tribunal in what it terms as a groundless base. дальше »
2020-1-16 20:39 | |
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South Korea: Postech University to Issue Diplomas on ICONLOOP’s BROOF Blockchain Platform
South Korea-based public blockchain project ICONLOOP (ICON) is poised to receive mainstream attention as according to January 15, 2020, report by Mineable, ICONLOOP’s BROOF platform will be used by Postech University for the issuance of graduation diplomas. дальше »
2020-1-16 00:00 | |
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South Carolina Blockchain Conference to boost blockchain adoption by showcasing its advantages
South Carolina's blockchain initiative, will present the inaugural week-long South Carolina Blockchain Conference in Columbia and Charleston. The conference will be held on March 13-14 as part of aThe post South Carolina Blockchain Conference to boost blockchain adoption by showcasing its advantages appeared first on AMBCrypto. дальше »
2020-1-15 13:59 | |
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eToro Plans to Launch Its Own Debit Card in 2020
eToro, a platform that enables its customers to invest in the assets they want, from stocks and commodities to crypto-assets, plans to launch a debit card within this year while expanding its operations in the US, South Africa, and Hong Kong. дальше »
2020-1-15 04:00 | |
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Upbit Crypto Exchange Reopens Ethereum (ETH) Wallet Services After $49 Million Hack
Upbit, one of the major crypto exchanges in South Korea, has restarted Ethereum (ETH) wallet services almost 2 months after being attacked by hackers for $49 million ETH. It has been officially made public that after an enhancement to its wallet security structure, Upbit is supporting deposits and withdrawals in ETH again. In a tweet from […] дальше »
2020-1-15 01:10 | |
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Binance to Launch Korean Support Center After Investing in BxB Crypto Exchange
Crypto exchange giant Binance has made an investment in a South Korea-based startup and is preparing to launch a support center in the country. As reported by CoinDesk Korea, the exchange has taken a stake of 500 million won ($432,000) in BxB, the fintech firm that launched the Korean won (KRW) back in 2019. Aside […] дальше »
2020-1-15 22:20 | |
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Ethereum deposit, withdrawal support re-opened by Upbit after November hack
South Korea-based cryptocurrency exchange, Upbit, recently announced the re-opening of deposits and withdrawals for Ethereum on the platform. These services had been closed for a long time following aThe post Ethereum deposit, withdrawal support re-opened by Upbit after November hack appeared first on AMBCrypto. дальше »
2020-1-14 17:30 | |
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South Korea: Hacked Crypto Exchange Upbit Finally Resumes ETH Deposits and Withdrawals
Upbit, a top South Korea-based cryptocurrency exchange that lost $51 million worth of ether (ETH) to hackers last year, has announced that it has resumed deposits and withdrawals for the altcoin, reports Business Korea on January 14, 2019. дальше »
2020-1-14 12:00 | |
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Samsung SDS and Syniverse Launch Blockchain-based Mobile Payments System
Samsung SDS, the ICT arm of South Korean electronics company Samsung Group, and Syniverse, a telecommunication services company, have collaborated to develop a blockchain-based platform to enable seamless mobile payments between mobile carriers and enterprises, according to a Ledger Insights report on January 10, 2020. дальше »
2020-1-11 10:00 | |
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Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone
South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. дальше »
2020-1-11 01:00 | |
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Propy Completes Real Estate Transaction Using Blockchain
Global property store and decentralized title registry Propy completed a blockchain trial for real estate transactions in the U. S. city of South Burlington, Vermont. The project lasted for six weeks in which Propy used his blockchain registry to register property deeds alongside the city Land Recorder’s office. дальше »
2020-1-10 12:00 | |
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Bithumb May Pour Over $8M Into South Korea’s Regulation-Free Zone
Bithumb could invest over $8 million into South Korea’s regulatory free zone in Busan
дальше »2020-1-10 22:23 | |
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Bithumb Pledges $8 Million Investment in Busan ‘Regulation Free’ Blockchain Zone
South Korean crypto exchange giant Bithumb is reportedly eyeing a significant investment in the Busan blockchain special zone. The move comes following the platform’s creation of a research and development center. дальше »
2020-1-9 18:00 | |
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South Korean Authorities Formulate Legislation to Boost Mainstream Bitcoin Adoption
South Korea’s Presidential Committee on the Fourth Industrial Revolution (PCFIR) is advocating that the Korean government makes cryptocurrencies mainstream by introducing friendly regulations that will help to integrate distributed ledger technology (DLT) powered digital assets into the traditional financial world, according to an Ibtimes report. дальше »
2020-1-8 18:00 | |
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Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s financial system, allowing financial institutions to directly offer a range of crypto products, including derivatives, […] The post Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream appeared first on Bitcoin News. дальше »
2020-1-8 10:30 | |
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South Korea: Crypto Exchange Bithumb Establishes Blockchain R&D Center
Leading South Korean cryptocurrency exchange platform Bithumb has set up a research center to boost its blockchain-based offerings and services, the exchange announced in a blog post, January 7, 2020. дальше »
2020-1-8 22:00 | |
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Bithumb Rolls Out Blockchain And Crypto Research & Development Center In South Korea
South Korea-based crypto exchange Bithumb has opened its own R&D center, which means it’s also going to do research and development from now on. The announcement was released on January 6. Bithumb now has the first South Korean blockchain and cryptocurrency research center. дальше »
2020-1-8 20:37 | |
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Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, India’s National Blockchain Seminar
In this roundup, we cover several crypto-related actions by the U. S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar. дальше »
2020-1-7 17:00 | |
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Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws
In this roundup, we cover several crypto-related actions by the U. S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar. дальше »
2020-1-7 17:00 | |
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CFTC Hunts Down Multi-Million Dollar Crypto-Ponzi Scammer
The U. S. Commodity Futures Trading Commission (CFTC) and South Korean regulators continue investigating the UK-based company Control-Finance Ltd, and its principal, Benjamin Reynolds, for a $147,000 Ponzi scheme involving Bitcoin. дальше »
2020-1-7 15:00 | |
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South Korean PCFIR: Bitcoin Should Be Listed on KRX Exchange And Gov Should Allow BTC Derivatives
A presidential committee formed to advise the government in regards to the fourth industrial revolution is recommending that the South Korean government should let financial institutions to offer crypto-based products, CoinDesk reports. дальше »
2020-1-6 19:14 | |
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South Korean Presidential Committee Wants to Bring Crypto Into Mainstream Finance
Financial institutions should be allowed to launch cryptocurrency products, such as derivatives, according to a government advisory body. дальше »
2020-1-6 16:37 | |
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South Korea's Presidential Commission recommends government join the crypto-space
China will soon be unveiling its state-backed cryptocurrency and it has left no stones unturned in publicizing it. However, looking at the few nations embracing blockchain and cryptocurrencies, the SoThe post South Korea's Presidential Commission recommends government join the crypto-space appeared first on AMBCrypto. дальше »
2020-1-6 13:02 | |
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South Korea Drafting Legislation To Tax Individual Crypto Profits
South Korea is working on legislation to tax crypto profits
дальше »2020-1-3 01:06 | |
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Government Confirms Crypto Profits Not Taxable in South Korea
South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend the existing Korean tax law to include cryptocurrency. дальше »
2020-1-2 08:15 | |
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South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. дальше »
2019-12-31 00:40 | |
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South Korea Confirms No Income Tax on Crypto Profits
According to the South Korean Ministry of Finance’s new announcement, the country’s current tax laws do not include the taxation of profits made through trading crypto. The Ministry of Finance and Strategy in South Korea recently resolved the confusion regarding the taxation of profits made through crypto trading. дальше »
2019-12-30 16:00 | |
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Bithumb Exchange Will Pay $67 Million in Additional Crypto Taxes
Coinspeaker Bithumb Exchange Will Pay $67 Million in Additional Crypto TaxesEarlier South Korean crypto exchange Bithumb had reported about a bad financial year, but now it has been revealed that the taxes are getting even harder. дальше »
2019-12-30 23:20 | |
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Bank of Korea Recruits Experts To Analyze The Impact of Digital Currencies
The central bank of South Korea is hiring a group of experts that will be working in order to analyze cryptocurrencies and to expand the bank’s knowledge of virtual currencies. The information was released by the Bank of Korea in a document on December 27. дальше »
2019-12-28 20:09 | |
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Bitcoin interest spikes in Africa as region sees rising inflation
Be it South African Reserve Bank's [SARB] calls for solutions providers for the creation of a digital currency that would allow consumers to transact without a bank account or Bitcoin's interest spikiThe post Bitcoin interest spikes in Africa as region sees rising inflation appeared first on AMBCrypto. дальше »
2019-12-27 20:30 | |
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