South Korea weighs action against Polymarket over gambling concerns
South Korea’s media and communications review body said it will hear from Polymarket before deciding whether to take corrective action against the prediction market platform. ...
Tag : South
South Korean consortium completes won based digital currency pilot on Kaia
South Korean blockchain consortium has completed a proof of concept showing a blockchain-based digital local currency processing payments and settlements in under one second with...
South Africa proposes crypto tax guidance under existing rules
South Africa’s Revenue Service has published draft guidance on how crypto assets should be taxed under the country’s current tax laws. The proposal seeks public...
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...
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....