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Crypto

South Korea's Virtual Asset Wealth: A Deep Dive into Age Group Distribution

Recent data from Upbit and Bithumb reveals a fascinating distribution of virtual asset wealth among different age groups in South Korea. The data shows that individuals in their 20...

Crypto

South Korea Postpones Virtual Asset Taxation to 2027 Amid Regulatory Challenges

South Korea has delayed the implementation of virtual asset taxation to 2027, citing regulatory gaps and underdeveloped tax systems. The move raises concerns about the government's...

Crypto

South Korea and U.S. Discuss Virtual Asset Regulation and NBFI Impact

Kim So-young, Vice Chairman of the Financial Services Commission (FSC), met with Mark Uyeda, Commissioner of the U.S. Securities and Exchange Commission (SEC), to discuss the poten...

Crypto

North Korean Hackers Behind One-Third of Global Cryptocurrency Thefts

Recent reports indicate that North Korea continues to fund its nuclear and missile programs through the theft of cryptocurrency. Seth Bailey, U.S. Deputy Special Representative for...

Crypto

Kaia Blockchain Platform: Kakao and Line's Revolutionary Mainnet Launch on August 29

Kaia, a blockchain platform developed by Kakao and Line, is set to launch its mainnet on August 29 after receiving final approval to establish a DLT foundation in ADGM. The platfor...

Crypto

Will South Korea Follow Suit and Approve Cryptocurrency Spot ETFs?

Several countries, including the United States, Hong Kong, and the United Kingdom, have approved cryptocurrency spot ETFs. South Korea is currently discussing the possibility of ap...

Crypto

South Korea's New Virtual Asset Protection Act: A Game-Changer for Market Security

South Korea's Financial Services Commission and Financial Supervisory Service announced the Virtual Asset User Protection Act, set to enhance market security and investor protectio...

Crypto

New Enforcement Decree Strengthens Virtual Asset User Protection

The Virtual Asset User Protection Act has taken a significant step forward with the approval of the Enforcement Decree. This decree provides clarity on several key aspects of the A...