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South Korea Plans to Suspend Crypto Taxation Until 2023

South Korea Plans to Suspend Crypto Taxation Until 2023

Crypto investors in South Korea might have a sigh of relief because the government intends to delay imposing crypto taxation until 2023.

Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement

Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement

South Korean Prosecutors are investigating Do Kwon if they will file Ponzi fraud charges against him following the Terra crash.

South Korea Cracks Down on Cryptocurrency, Credit Card Purchases Banned

South Korea Cracks Down on Cryptocurrency, Credit Card Purchases Banned

South Korea intensifies crypto regulations in 2023, targeting illicit flows and tightening credit card use for crypto purchases.

South Africa Classifies Crypto as Financial Assets

South Africa Classifies Crypto as Financial Assets

The country appears to be developing regulations consistent with those being developed by other regulators in the global market.

South Korea's Crypto Protection Law Advances in Assembly

South Korea's Crypto Protection Law Advances in Assembly

In a landmark move for South Korea's cryptocurrency sector, the Cryptocurrency User Protection Act (also known as the Cryptocurrency Investor Protection Law) has successfully passed through the Legal Affairs Committee, marking a momentous milestone in the legislative process for digital assets.

S. Korean Presidential Candidates to go Head to Head in Crypto Policies

S. Korean Presidential Candidates to go Head to Head in Crypto Policies

As South Korea's presidential elections draw to a close, crypto is turning into a political battleground with both candidates set to showcase a number of crypto-related policies.

Binance CEO reportedly made a secret visit to South Korea

Binance CEO reportedly made a secret visit to South Korea

Binance CEO Richard Teng reportedly made a secret visit to South Korea to negotiate with financial authorities regarding the "Gopax" issue. The details and outcome of the negotiations are currently unknown.

South Korea Seeks Tech Partner to Build the Pilot Program for CBDC

South Korea Seeks Tech Partner to Build the Pilot Program for CBDC

South Korea's central bank on Monday said it would choose a technology supplier to build a pilot platform for a digital currency, moving a step closer to creating a central bank-backed digital currency.

Binance Acquires Majority Stake in Gopax

Binance Acquires Majority Stake in Gopax

Binance returned to South Korea with a controlling ownership in ailing exchange Gopax.

China Leads Pan-Asian Digital Currency Project to Compete with Facebook's Libra

China Leads Pan-Asian Digital Currency Project to Compete with Facebook's Libra

Led by China, four Asian countries are in the early stages of developing a joint digital currency. The currency will help keep the Dollar and Libra in check

South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns

South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns

South Korea's Financial Intelligence Unit (FIU) is set to introduce new regulations targeting digital asset mixers, mirroring similar moves by the US. These measures aim to curb the use of crypto mixers for illegal money laundering.

United Africa Blockchain Association Cries Foul of FNB’s Crypto Termination

United Africa Blockchain Association Cries Foul of FNB’s Crypto Termination

The United Africa Blockchain Association (UABA) has lamented the decision by First National Bank (FNB) to terminate its banking services to crypto exchanges, as well as intermediaries trading in cryptocurrencies.

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