Tag: South Korea

Implementing 2-Year Moratorium on Crypto Taxation in South KoreaSouth Korean politicians have reached a significant agreement to implement a two-year moratorium on crypto taxation, marking a crucial moment in the country's regulatory landscape amidst...

Hyundai Motor Group and NVIDIA Revolutionize Mobility with AI and Digital Twin TechnologiesIn a groundbreaking move for the automotive industry, Hyundai Motor Group has joined forces with NVIDIA to push the boundaries of innovation...

Terraform Labs' Do Kwon Pleads Not Guilty to Fraud: Latest UpdatesDo Kwon, the mastermind behind Terraform Labs and the developer of the luna cryptocurrency and stablecoin terraUSD, found himself in hot water as he...

South Korean Watchdog Clarifies Corporate Crypto PlansSouth Korea's Financial Services Commission (FSC) has put an end to the swirling rumors surrounding the issuance of real-name crypto accounts for corporations. The FSC emphasized the need...

South Korean authorities have announced plans to regulate cross-border digital asset transactions by 2025. The Ministry of Finance stated that businesses in Korea involved in such trades will need to register and report their...

South Korea is considering approving spot Bitcoin ETFs. The country's Financial Services Commission (FSC) has established a Virtual Asset Committee to discuss the approval of crypto ETFs and the authorization of corporate accounts. The...

South Korea is taking steps to regulate stablecoin transactions, particularly those involving cross-border trade. This move aims to address the increasing use of stablecoins, such as those pegged to the US dollar, in international...