All by tag: Korea

The regulator stated that the asset does not have the necessary credit rating and does not have sufficient liquidity

He believes this would provide investors with a more regulated way to access digital assets

Officials intend to add rules for issuers of stablecoins to the document

The digital document will allow visitors to the province to receive discounts and subsidies

Capital outflows could further destabilize the local financial system, making the country less attractive to international investors

The Financial Services Commission will monitor other countries’ reactions to Donald Trump’s similar initiative

The levy on incomes over 2,5 million Korean won was 20%

According to local media, cryptocurrencies have become a popular means of tax evasion

The exchange allegedly allowed users who provided inappropriate-quality ID pictures to trade

The initiative would introduce a definition of virtual assets into the Foreign Exchange Transactions Act

Officials allowed the project to continue operating in the country provided the violations were corrected

The US authorities also sought the extradition of the businessman for trial in their jurisdiction