Asian CBDC projects: What are they doing now?
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?
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Opposing Political Party Suggests One Year Delay on South Korea’s Crypto Tax Law: Report
The People Power Party – the opposition party in South Korea – has reportedly proposed a one-year delay on the upcoming taxation rules on trading with digital assets. The lawmakers…
South Korean opposition set to tackle controversial crypto tax law
Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders.
Chinese blockchain project BSN expands to Turkey and Uzbekistan
Chinese blockchain project BSN comes to Turkey and Uzbekistan after launching the BSN Hong Kong and Macau portal.
Korean crypto exchange Upbit to halt withdrawals for unverified users
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week.
South Korean crypto tax delay thwarted
The crypto tax will begin for South Koreans in 2022 but some industry observers say there is no cause for concern.
29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down
The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to…
10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline
Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted…
Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid Fines
A South Korean province has seized cryptocurrencies worth over $5 million from 1,661 investors who were more than $12 million in arrears on their fines in total. The seizure followed…