Democratic Party presidential candidate Lee Jae-myung prepares to use NFTs to raise funds for his campaign in a bid to appeal millenials.
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South Korean exchanges will require users to verify their third-party wallet addresses to help the country comply with FATF travel rule guidelines.
"Another 30 seconds in that room and you would have started considering NFTs as a viable investment" was just one of the jokes the show used comparing NFT investments to insanity.
The FSC wishes to establish a system that would recover illegally gained funds, dole out criminal punishments, and protect investors from future malfeasance.
“It’s the future — we’ve all decided centralized banking is rigged so we trust more in fly-by-night Ponzi schemes,” said the motel clerk accepting Bitcoin as payment.
Government officials waffling about the crypto tax that's set to come into effect in 2022 has created a maelstrom of conflicting reports that even officials can’t seem to keep track of.
Korean lawmakers plan to impose taxes on NFTs after classifying them as virtual assets.
South Korean blockchain platform Klaytn may see its domestic dominance dwindle if it cannot keep pace with competitors such as Polygon.
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said.
Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders.