tax
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Regulation
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…
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Regulation
South Korea Applies Capital Gains Tax to Cryptocurrency Trading “Like trading real estate”
Starting next year the Korean government has tentatively decided to apply capital gains tax to cryptocurrency trading. This is the…
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Market
9 Out of 10 Exchanges Will Close in South Korea
In South Korea, about 200 cryptocurrency exchanges opened for business since 2017. In the aftermath of that crypto boom at…
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Business
Funds Seizures on Upbit Forces Backlash from Non-Korean Traders
The past few months have not been kind for the public image of South Korea-based Upbit cryptocurrency exchange. Late in…
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Business
Bithumb files complaint with Tax Tribunal against NTS’ $69M tax bill
South Korean cryptocurrency exchange Bithumb will contest a move by the country's tax agency to withhold millions of dollars in…
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Business
South Korea’s tax agency NTS to withhold $69M from crypto exchange Bithumb’s foreign clients
South Korea’s National Tax Service (NTS) has announced that it will withhold tax from cryptocurrency exchange Bithumb’s foreign customers, Korea…
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