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    Tag: South Korea

    Impacts of South Korea’s New Digital Asset Regulations on Crypto Companies

    As Asian countries continue to embrace cryptocurrencies, South Korea has implemented fresh regulations for the digital asset industry. These new laws pertaining to virtual assets have the potential to alter the operational landscape for crypto companies within the country.

    Hong Kong Seeks Protection in Response to South Korea’s Tightening of Crypto Regulations

    As crypto scams surge in Hong Kong, citizens are calling for increased safeguards while the South Korean government tackles their own crypto regulation.

    South Korea to Levy Tax on Crypto Airdrops up to 50%

    According to local media, South Korean officials disclosed that the current law could impose a “gift tax” on crypto airdrops.