South Korea Will Reportedly Re-evaluate Existing Regulatory Frameworks for Cryptos
South Korean authorities will re-evaluate the existing crypto rules with a view to support the growth and development of the crypto industry.
First Official Crypto Debate in South Korea: Major Outcomes
South Korea’s lawmakers, high-ranking government officials, and major exchanges meet officially for the first time. The crypto debate is considered a success with several major outcomes.
South Korea’s National Assembly and Congress to Hold First Official Crypto Debate
On December 10, South Korea’s National Assembly along with several members of the Congress will have the first official debate in this country about crypto involving high profile government officials.
South Korea’s Financial Regulator Unveils Taxation Plans for Cryptocurrency and ICOs
South Korea’s financial authorities are actively working on preparing new taxation plans to introduce taxes on crypto trading and ICOs.
South Korea to Take Final Decision on ICOs in November, Says Top-level Official
South Korean authorities continue discussing the possibility of reallowing ICOs within the country. The final decision is going to be revealed in November 2018.
South Korea’s Government to Pour $4.4 Billion into Blockchain and AI Technologies
A meeting involving the South Korean finance ministry reveals country’s intention to nourish cutting-edge industries accelerating an innovative growth.
South Korea’s Biggest Crypto Exchange UPbit Proves Innocence of Balance Sheet Manipulation
By
Darya Rudz
Korea’s biggest crypto exchange UPbit came out clean in audit after local authorities’ raid, proving the solvency of the exchange.
South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges
Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks.
South Korea’s Watchdog Hurries Lawmakers Pass the Country’s First Cryptocurrency Bill
Following a billions-worth heist of cryptocurrency exchanges, South Korea’s financial regulator urged lawmakers to pass the bill bringring exchanges under the FSC’s direct supervision.
South Korean Legislators Working to Fast-Track Cryptocurrency and Blockchain Regulations
Members of South Korea’s political parties will present their draft bills and debate on it during an extraordinary session of the National Assembly, from July 13 to 26.