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South Korea to Implement Crypto Tax in 2025 Without Further Delay
The South Korean Ministry of Economy and Finance has officially finalized the 2026 Tax System Revision Bill, notably excluding any further provisions to postpone the taxation of virtual assets. According to reports from…
Bithumb Affiliates Hire Former Police and Tax Officials Amid Risks
Affiliates of Bithumb, one of South Korea's most prominent virtual asset exchanges, have received government approval to recruit former high-ranking officials from the National Police Agency and the National Tax Service…
South Korea to Grant Regulators Emergency Powers Over Leveraged ETFs
South Korean financial authorities are moving to amend the Capital Markets Act to grant regulators unprecedented "emergency intervention powers" aimed at stabilizing markets during periods of extreme volatility. The ini…
South Korea Confirms Digital Asset Tax Implementation for January 2027
South Korean Deputy Prime Minister and Minister of Economy and Finance, Koo Yun-cheol, has reaffirmed that the government intends to begin taxing digital asset transactions starting January 1, 2027. During a plenary ses…
South Korea Launches AIDC Alliance to Export AI Tokens via 18.4GW Network
The South Korean government has officially inaugurated the AI Data Center (AIDC) Alliance, a strategic partnership between the public sector and major domestic technology firms. According to reports from the Yonhap News…
Bithumb Launches Video ID Verification to Protect Elderly Users
Bithumb, a leading South Korean cryptocurrency exchange, has officially announced the implementation of a video call identity verification mechanism specifically designed for its elderly user base. This strategic initia…
South Korea to Legalize Institutional Crypto Stakes and Stablecoins
The South Korean Financial Services Commission (FSC) has announced a significant shift in its regulatory framework, aiming to finalize the Digital Assets Basic Act (Phase 2) within the current year. Kim Sung-jin, head o…
South Korea’s CBDC Pilot Faces Criticism Over Security Verification
The Bank of Korea's central bank digital currency (CBDC) pilot project has come under scrutiny following revelations regarding its security assessment protocols. Reports from South Korean media outlet Maeil Business, ci…
South Korea Proposes Law to Seize Self-Custodied Virtual Assets
Tax authorities in South Korea are advocating for a significant legislative update to the Criminal Procedure Act to enhance their ability to seize digital assets held in private wallets. This initiative aims to address …
South Korea to Advance Digital Asset Basic Act in Late 2026
The South Korean government has officially unveiled its “Second Half of 2026 Economic Growth Strategy,” a comprehensive roadmap designed to foster the nation's blockchain and digital asset ecosystem. Central to this str…