South Korean presidential candidate to use NFTs to raise funds for campaign
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 crypto exchanges to follow Coinone in verifying private wallets
South Korean exchanges will require users to verify their third-party wallet addresses to help the country comply with FATF travel rule guidelines.
South Park excoriates NFTs as investments in latest vision of post-COVID future
"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.
South Korean regulator proposes strict new rules for token issuers
The FSC wishes to establish a system that would recover illegally gained funds, dole out criminal punishments, and protect investors from future malfeasance.
The future is Bitcoin according to South Park creators
“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.
Mixed messages on crypto tax rules create confusion in South Korea
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.
South Korea financial authority rules that NFTs are taxable
Korean lawmakers plan to impose taxes on NFTs after classifying them as virtual assets.
South Korea's leading blockchain facing greater competition in NFT market
South Korean blockchain platform Klaytn may see its domestic dominance dwindle if it cannot keep pace with competitors such as Polygon.
South Korean pension fund to invest in Bitcoin ETF: Report
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said.
South Korean opposition set to tackle controversial crypto tax law
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.