Tag: South Korea

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Busan Announces Memorandum of Understanding with Huobi

As Huobi Global makes its way into the cryptocurrency industry's environment, the city of Busan in S. Korea continues to form deals with crypto...

Complex Messages On the Crypto Tax Rules Creates Confusion In South Korea

South Korea Government Officials are indecisive about the Crypto Tax that will likely be effective in 2022. This news has created a whirlpool of...

South Korea’s Prime Blockchain Confronting Stronger Competition In NFT Market

The South Korea Blockchain Platform Klaytn might see the domestic dominance decline if it cannot keep up with the competitors such as Polygon! South Korea’s...

South Korea Plans To Ban 11 Cryptocurrency Exchanges

The top financial regulator in South Korea has reportedly issued strict warnings to 11 different crypto exchanges in connection with allegations of fraud. The...

Majority South Koreans Support Government’s Decision To Tax Crypto Profits

The South Korean government is committed to imposing a “crypto tax” on those who are into trading and profiting from cryptocurrency markets. The new...

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