south korea

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South Korea evaluates the possibility of taxing cryptocurrencies with a fixed rate of 20%

21 Jan 2020 2 minute read 0 comments Roberto D.

This was reported by the news site The Korea Times, with an article published today; According to reports from the local information body in English, therefore, the Ministry of Economy and Finance of South Korea is considering the possibility of impo...

Bithumb opened a court case to nullify it's huge tax bill of $69 million paid to Government.

17 Jan 2020 1 minute read 0 comments alberdioni8406

Bithumb that's the most largest crypto Exchange in the South Korea, opened a court case to nullify the "huge" tax bill paid  to the  Authorities. The sum was taxed due to the operations conducted by their Cryptocurrency Exchange, and following the Go...

South Korea must further open up to the world of cryptocurrencies, says the presidential committee for the fourth industrial revolution

8 Jan 2020 1 minute read 0 comments Roberto D.

As reported a few hours ago by Business Korea, the Presidential Committee for the fourth industrial revolution recommended to South Korean institutions to allow financial institutions to launch financial products on the market whose performance is li...

South Korea's new opening to cryptocurrencies, a central bank study on a state crypto starts

30 Dec 2019 1 minute read 0 comments Roberto D.

That South Korea is one of the most friendly countries towards cryptocurrencies is widely known, so it is not surprising that the country's central bank has decided to set up a task force that will deal with assessing the possibility of issuing a CBD...

Cryptocurrency testing, South Korea is the country's largest telecommunications company

21 Dec 2019 2 minute read 0 comments Roberto D.

To report is the logical news DongA, yesterday, KT, the largest telecommunications company in South Korea, is ready to start a test on the use of a local currency in what is one of the most important cities in the country ; we are talking about Busan...

5 Most Important Crypto News You Should Know Today (12 Sep 2019)

12 Sep 2019 4 minute read 1 comment Brawnd0

It’s yet another day in the crypto universe and there’s a lot that has been happening. This week’s big news has been Bakkt and Bitcoin’s hash rate, but that’s not all that’s been going on.  Some other less exciting developments, but still worth notin...