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news - South Korea to Introduce Tax on Crypto Trading Profits

South Korea to Introduce Tax on Crypto Trading Profits

The South Korean government issued an amendment which provides for introducing a tax on profits from cryptocurrency trading. According to Asia Today report, the amendment is likely to be enacted in Fe...

news - South Korean Police Investigating Tesla Model X Fatal Crash

South Korean Police Investigating Tesla Model X Fatal Crash

South Korean police are examining a Tesla Model X self-driving car after the car crashed into a wall killing a passenger. South Korea’s forensic agency will investigate the car to identify the c...

news - Facebook Fined $6.1M by South Korean Information Watchdog

Facebook Fined $6.1M by South Korean Information Watchdog

The Personal Information Protection Commission (PIPC) of South Korea has imposed a $6.1 million fine on Facebook for sharing personal information of millions of users without consent. The fine was awa...

news - South Korea to Ban Privacy-centric Cryptocurrencies

South Korea to Ban Privacy-centric Cryptocurrencies

South Korean government’s top financial regulator the FSC has announced the intention to ban privacy-centric cryptocurrencies as they “have a high-risk of money laundering”. The...

news - Samsung to Test Blockchain-powered Medicine Distribution Management

Samsung to Test Blockchain-powered Medicine Distribution Management

Samsung SDS has unveiled its plans to test series of projects for blockchain-powered medicine distribution management this November. The tests are aimed at ensuring transparency of pharmaceutical prod...

news - SK Telecom to Launch Blokchain-powered Mobile Insurance

SK Telecom to Launch Blokchain-powered Mobile Insurance

The South Korean-based telecommunications firm SK Telecom has announced a blockchain-based document submission process for mobile phone insurance. Samsung’s Galaxy series would be the first phon...

news - South Korea to Set Tax for Cryptocurrency

South Korea to Set Tax for Cryptocurrency

South Korea’s Finance Minister Hong Nam-Ki told a parliamentary finance committee the government would introduce a taxation regime for crypto.  South Korean ministry has been planning for a...

news - South Korean City to Launch Blockchain Platform for Self-driving Vehicles

South Korean City to Launch Blockchain Platform for Self-driving Vehicles

Sejong City in South Korea is developing an identification and verification platform for self-driving vehicles using the blockchain technology. The city will use blockchain to guard and verify the dat...

news - South Korea May Impose 20% Tax on Crypto Income

South Korea May Impose 20% Tax on Crypto Income

South Korean government may impose 20% tax on crypto income. Ministry of Economy and Finance had ordered its income office to review cryptocurrency taxation, according to English-language news outlet ...

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