South Africa proposes crypto tax rules under existing tax framework
South Africa’s tax authority has proposed new rules that clarify how crypto assets are taxed under existing income and capital gains tax frameworks. The South...
Tag : South
Kiwoom Securities eyes stake in South Korean crypto exchange Bithumb
South Korean brokerage Kiwoom Securities has entered negotiations to acquire a stake in cryptocurrency exchange Bithumb through a planned purchase of newly issued shares, local...
South Korean authorities fine Bithumb $136K over sharing user information overseas
South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it...
South Korean Officials Meet With US SEC, Weigh Unified Crypto Rules Amid Local Scandals
In brief The SEC’s crypto task force hosted a joint coalition of South Korean officials, legal experts, and industry leaders. The meeting outline underscores that...
Chainlink Lands Major Banking Deal Across Europe and South Korea: Why Isn’t LINK Crypto Price Moving?
Chainlink just secured one of the most structurally significant banking partnerships in its history, but LINK barely flinched. The token is trading slightly higher on...
South Korea adds token securities to capital market overhaul
South Korea’s financial regulator folded token securities infrastructure into a broader overhaul of the country’s capital markets, alongside plans for faster settlement, longer trading hours...
South Korea pushes Travel Rule expansion for smaller crypto transfers
Financial regulators in South Korea are pushing for broader reporting requirements on crypto transfers to further align with global Anti-Money Laundering standards for digital assets....
South Korea crypto remittances jump 380% in three years, surpassing banks
South Korea has seen cryptocurrency-based overseas remittances climb 380% in the past three years, outpacing growth in traditional bank transfers as financial institutions increase their...
South Korea is considering regulatory sandbox access for digital asset services
South Korea has expanded plans for its financial regulatory sandbox to include digital asset related laws, opening the door for a wider range of blockchain...
South Korea Charges 23 Over Crypto Laundering Tied to $11M Cambodian Scam Ring
In brief South Korean police referred 23 suspects and detained two key figures over laundering crypto proceeds from a Cambodia-based phishing group. The crew allegedly...