Petition to scrap South Korea's crypto tax reaches 50K threshold
A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and Economic...
Tag : Korea039s
South Korea's KB Financial completes stablecoin pilot for offline payments
KB Financial Group, the parent company of South Korea’s largest bank, KB Kookmin, completed a stablecoin pilot for offline payments and cross-border remittances through the...
North Korea's Crypto Hack Playbook Won't Work on Canton Network, Says Digital Asset CEO
In brief Beyond the high-profile $290 million Kelp DAO hack, Wall Street firms are concerned about their fiduciary responsibility to prevent state-sponsored bad actors from...
Bank of Korea's New Governor Prioritizes CBDCs Over Stablecoins in First Policy Address
In brief New Bank of Korea Governor Shin Hyun-song emphasized central bank digital currencies and bank-issued deposit tokens in his first policy address. The governor...