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South Korea Proposes Bill Granting FIU Direct Power Over Crypto Exchanges
South Korean lawmakers have introduced a significant amendment to the Act on Reporting and Using Specified Financial Transaction Information to tighten oversight of the domestic digital asset market. Proposed on August …
South Korea Confirms Taxation for Private Wallets and Overseas Crypto Exchanges
The South Korean government has officially clarified that digital assets stored in private hardware wallets and on international trading platforms will be subject to national taxation. According to a recent report by Di…
South Korea Blocks Access to Crypto Prediction Market Polymarket
The South Korean media regulator, the Korea Communications Standards Commission (KCSC), has officially decided to block domestic access to the cryptocurrency-based decentralized prediction platform, Polymarket. During a…
Garrett Jin Analyzes South Korean Tech Pullback and Gold Surge
The global financial landscape is witnessing significant shifts as major institutional players recalibrate their portfolios in response to market volatility. In a recent analysis, Garrett Jin, agent of the "1011 Insider…
South Korea Tightens Crypto Rules: New Shareholder Scrutiny and Travel Rule
The South Korean government is significantly intensifying its oversight of the digital asset sector through a revised enforcement decree of the Act on Reporting and Using Specified Financial Transaction Information. Acc…
South Korea to Implement Fast-Track Crypto Asset Seizure Rules
The South Korean judiciary is moving toward a more structured legal framework for the recovery of digital assets in civil litigation. A proposed amendment to the Supreme Court’s Civil Execution Rules aims to streamline …
South Korea to Compensate Virtual Asset Victims of Voice Phishing Scams
South Korea’s Financial Supervisory Service (FSS) has officially initiated a technological overhaul to integrate digital assets into its national financial fraud compensation framework. Launched on August 6, 2026, the "…
South Korean Exchanges Delist 394 Cryptocurrencies Over Two Years
Data released by the Financial Supervisory Service (FSS) of South Korea reveals a significant cleanup within the domestic digital asset market. From the beginning of 2022 through May 2024, Korean Won-based virtual asset…
South Korea Proposes Delaying Virtual Asset Income Tax Until 2030
Jeong Seong-guk, a lawmaker from South Korea’s People Power Party, has announced plans to introduce a bill that would delay the implementation of the country's virtual asset income tax by an additional three years. If p…
South Korea Proposes New Regulatory Framework for Security Tokens
The Korea Digital Fusion Industry Association has released a comprehensive draft framework outlining secondary regulations for the Security Token Offering (STO) ecosystem in South Korea. This legislative proposal aims t…