#South Korea

Highlights: South Korea plans to begin taxing crypto gains next year after delaying the policy three times. Investors will receive a 2.5 million won deduction before a 20% tax applies to additional gains. Officials are also preparing stablecoin, exchange, disclosure, […]

Highlights: KB Kookmin Bank will launch JPMorgan’s Kinexys-powered cross-border payment service for trade companies in August. The first phase will support U.S. dollar corporate transfers across South Korea, Singapore, and eight other countries. Kinexys enables near-real-time, 24/7 payments and automated […]

Highlights: South Korea’s five major crypto exchanges recorded about 8.06 trillion won in weekly trading volume. Weekly trading activity fell for a sixth straight week, reaching its lowest level in three years. Upbit and Bithumb remained dominant, handling 92.75% of […]

Highlights: South Korea plans to bring virtual assets under a new national asset management law. The proposed law would give virtual assets, financial assets, and intellectual property their own management rules. The government is also considering tokenizing state-owned property, but […]

Highlights: South Korea plans a 2027 test of tokenized government bonds using the central bank’s digital currency system. The pilot could speed bond trading by allowing payments and ownership transfers to happen together. South Korea also wants the system to […]

Highlights:  Toss has sealed a partnership deal with Optimism and Sunnyside Labs to improve South Korea’s payment system. The companies will run a three-month technology test to identify ideal blockchains for the infrastructure services. Part of the agreement also involves […]

Highlights: South Korea’s Supreme Court plans October rules for seizing and selling crypto in civil cases. Debtors would be barred from moving seized crypto after courts issue official seizure orders. Courts could sell seized crypto through service providers or transfer […]

Highlights: South Korea reported around 40 unregistered crypto platforms to investigators and warned users about serious financial risks. Illegal operators target users through YouTube, Telegram, and social media with promises of high returns and tips. Authorities warn that running an […]

Highlights: South Korea is preparing rules to bring overseas crypto transfers under foreign exchange supervision. Fintech firms could enter the market if they meet registration, reporting, and operational requirements. Regulators want stronger oversight to reduce illegal foreign exchange activity and […]

Highlights: South Korean police arrested 56 people over crypto money laundering linked to phishing crime proceeds. Suspects allegedly used Tether and crypto exchanges to illegally move nearly 16.8 billion won. Police traced thousands of accounts and found 265 phishing cases […]

Highlights: South Korea and Chainalysis aim to improve how investigators track stolen crypto across multiple countries and blockchains. South Korean police will receive specialized blockchain-investigation training through the new partnership with Chainalysis. North Korea-linked hackers stole more than $2 billion […]

Highlights: Bitcoin held above $60,000 as QCP said weak global sentiment pressured risk assets. QCP said South Korea’s KOSPI selloff showed investors are becoming cautious on AI stocks. Crypto traders remained defensive as ETF outflows, macro pressure, and Strategy concerns […]