Regulation
-
South Korea to use blockchain for medical records management from 2021
Today the South Korea government announced that they will applya blockchain-based DID service to protect patient ID's and medical records…
Read More » -
Chinese authorities uncover a cryptocurrency scam involving fake Huobi tokens
A group of cryptocurrency scammers has been taken down by Chinese authorities in the city of Wenzhou. The police seized…
Read More » -
South Korea proposes 20% cap. gains tax on cryptos
An amendment to the Income Tax law was sent to the floor of National Assembly today which would impose capital…
Read More » -
Cryptocurrency trading platform GPay closed by UK High Court
The U.K. High Court ordered GPay to be “wound up in the public interest.” The cryptocurrency trading platform was accused…
Read More » -
Korean government set to invest up to $110 million on blockchain R&D
Today the Ministry of Science and ICT announced that the Data Economy Blockchain Development Project has passed a feasibility study.…
Read More » -
Revised drafts and proposals for crypto-related Special Reporting Act released
Today Coindesk Korea obtained drafts and proposals made by advisors to financial authorities and members of the Blockchain Association in…
Read More » -
Korean government moves forward with blockchain-based real estate transactions platform
The Ministry of Land, Infrastructure, and Transport in South Korea today announced that it will begin the strategic planning portion…
Read More » -
It’s ‘premature’ to tax cryptocurrency in South Korea, says economist
The government’s plan to impose taxes on cryptocurrency transactions might be a bit “premature” at this point, according to an…
Read More » -
KB Financial Group tapped as a main mentor for fintech startups in South Korea
Today the Ministry of Science and ICT announced that it will select finalists to compete for the 16 startup spots…
Read More » -
South Korea aims to establish blockchain-based online elections by 2022
The Ministry of Science and ICT announced today their goal of establishing several blockchain-based systems, including an online voting and…
Read More »