South Korea to delay cryptocurrency tax rule to January 2022

Reports suggest that South Korea plans to delay the commencement of a crypto income tax rule by three months to January 2022..

Komal Joshi · Nov 26,2020 . 5min read

Bithumb plans to shut down Gangnam office owing to COVID-19

Amidst its Chairman's investigations by South Korean authorities, Bithumb is planning to shut down its offices due to the COVID-19 outbreak.

Komal Joshi · Nov 24,2020 . 5min read

South Korea’s FSC to forbid privacy coins from exchanges

South Korea's Financial Services Commission, has announced that it is forbidding usage of privacy coins that carries money laundering risk.

Komal Joshi · Nov 5,2020 . 5min read

South Korea enacts laws making cryptocurrency exchange subject to the whims of banks

South Korea announces legislative amendment for cryptocurrency exchanges to work in tandem with banks to tighten anti-money laundering practices.

Victor Ugochukwu · Nov 2,2020 . 6min read

South Korea’s Busan Bank launches blockchain-based wallet, Digital Voucher

South Korea's Busan Bank is exploring the decentralized ledger technology as it launched e-wallet layered on the blockchain, which it calls "Digital Voucher."

Victor Ugochukwu · Oct 31,2020 . 6min read

BMW launches a Blockchain-powered rewards program in South Korea

The car manufacturer BMW is trialling the new blockchain rewards program, BMW Vantage which provides consumers tokenized points.

Komal Joshi · Oct 8,2020 . 5min read