Terraform Labs To Cough Up $78M Penalty For Tax Evasion
Terraform Labs, the makers of Terra (LUNA) and TerraUSD (UST), is under investigation by South Korea’s National Tax Service on charges of evading corporate and income
south korea (Latest Publications)
South Korea Delays Crypto Tax Laws After Lobbying
The government in South Korea decided to delay enforcing its new crypto tax law after lobbying activity conducted by the Korean Blockchain Association (KBA). Exchanges now
South Korea Progresses With CBDC, Plans to Distribute Digital Won in 2021
South Korea aims to enter the arena of Central Bank Digital Currency (CBDC) as a serious contender, planning to distribute its Digital Won as soon as
South Korean Government Supports Sendsquare to Develop Blockchain Solution for Clinical Data Registry
Sendsquare announced that the National IT Industry Promotion Agency (NIPA) of the Korean government had chosen it for a blockchain-based clinical project. The project is aimed
South Korean Crypto Exchange Bithumb Integrates Chainalysis Reactor Amid Government’s New Regulations
Blockchain analysis company Chainalysis has announced that Bithumb, a leading South Korean cryptocurrency exchange, has deployed its investigation software Chainalysis Reactor to its platform to look
The South Korean Financial Intelligence Unit (FIU) wants to regulate the cryptocurrency sector directly
As crypto regulators across the globe rush to impose recommendations brought forth by the Financial Action Task Force (FATF), for South Korea, its FIU plans to
South Korean Card Company Patents Novel Blockchain-based Credit Payments System
Leading South Korean credit card company Shinhan Card, an affiliate of Shinhan Financial Group has launched a self-described “world-first” blockchain payments system that will work similarly
Seoul Ministry of Transportation Awards Graph Blockchain Contract to Create a Blockchain Network to Store its Traffic Data
As part of its smart city initiative, the Ministry of transportation in Seoul South Korea has awarded Graph Blockchain firm a contract develop and run a
South Korean Agency Responsible For Military Acquisitions Launches a Pilot Program Based On Blockchain
South Korea Defense Acquisition Program Administration (DAPA) has just rolled out a trial blockchain solution to help in managing its operations. DAPA is responsible for handling
South Korea begins to invest in blockchain developments
In the Asian continent, the positions regarding blockchain technology and cryptography have been particularly strong. From permissive official positions like those of Japan, Thailand or Singapore,
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