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South Korea to Delay 20% Capital Gains Tax on Digital Asset Investments until Jan 2025
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South Korea to Delay 20% Capital Gains Tax on Digital Asset Investments until Jan 2025

Before levying income taxes on virtual assets, South Korean lawmakers have called for the government to prepare for effective implementation of new rules.

Asia Crucial to Web3 Gaming Industry
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Asia Crucial to Web3 Gaming Industry

A report by DappRadar highlighted the importance of Asia in the Web3 gaming industry, due to the region's majority share of gamers and gaming revenue, as well as its high interest in blockchain technology. While China prohibits gaming companies from integrating blockchain technology, Japan and South Korea are leading the way in adopting blockchain technology in gaming.

Vietnam Favored by Korean Blockchain Companies
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Vietnam Favored by Korean Blockchain Companies

Vietnam has emerged as a force to be reckoned with in the worldwide blockchain spectrum. As a result, Korean blockchain firms are seeking to setup base in this nation for the benefits rendered.

South Korea's Police Agency Requests INTERPOL's Assistance for Extradition of Terra's Do Kwon
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South Korea's Police Agency Requests INTERPOL's Assistance for Extradition of Terra's Do Kwon

South Korea intensifies efforts to extradite Terraform Labs CEO Do Kwon by seeking INTERPOL's cooperation after a Montenegrin court rejects U.S. extradition.

Messaging Giant LINE is Developing a Platform for CBDC
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Messaging Giant LINE is Developing a Platform for CBDC

Japanese messaging giant Line is developing a platform to aid Asian central banks in their pursuit of central bank digital currencies (CBDC).

Former Bithumb Chairman Lee Jung-Hoon Acquitted in $100M Fraud Case
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Former Bithumb Chairman Lee Jung-Hoon Acquitted in $100M Fraud Case

Lee Jung-Hoon, former chairman of Bithumb, has been acquitted in a $100 million fraud case related to the non-listing of the BXA token, highlighting challenges in crypto industry legal cases.

South Korea Establishes Guidance for Regulating Digital Assets as Securities
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South Korea Establishes Guidance for Regulating Digital Assets as Securities

The step prepares for security token legalisation in the nation.

One in Four South Korean College Students Has Invested in Cryptocurrencies
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One in Four South Korean College Students Has Invested in Cryptocurrencies

A study shows 23.6% of South Korean college students are investing in cryptocurrencies.

South Korea Authorities Investigate Crypto Hacking and Illicit Trading on Exchanges
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South Korea Authorities Investigate Crypto Hacking and Illicit Trading on Exchanges

South Korea authorities are investigating cryptocurrencies hacking and illicit trading, focusing on cracking down on such practices, raising concerns about potential consequences for those involved.

Crypto.com Aims at Expansion in South Korea amid Crypto Meltdown
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Crypto.com Aims at Expansion in South Korea amid Crypto Meltdown

Singapore-based crypto exchange Crypto.com has been on an expansion drive, with its latest bet being in South Korea.

Woori Financial Group To Provide Cryptocurrency Custody Services
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Woori Financial Group To Provide Cryptocurrency Custody Services

South Korean Woori Financial Group has announced that it will establish a digital asset custody joint venture with Korean blockchain developing company Coinplug.

South Korea’s Crypto Market Gears up to Legitimacy, With Banks Eyeing a Share of the Cake
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South Korea’s Crypto Market Gears up to Legitimacy, With Banks Eyeing a Share of the Cake

With the incoming South Korean President, Yoon Suk-yeol, pledging the easing of crypto regulations, the market is on a solid path to being significantly legitimized.

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