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Tag: South Korea

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South Korea Tests Digital Won at Scale as Central Bank Eyes AI-Driven Payments for 2026
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South Korea’s central bank expanded its digital won pilot to nine banks, adding P2P transfers and AI-agent payment capabilities in Phase 2.
The corporate crypto investment ban is being lifted, and capital gains tax has been deferred to… Read full article
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South Korea opposition party pushes to scrap planned 22% crypto tax
The ruling Democratic Party responded, saying it has not formed a consensus on abolishing the tax but will review the new proposal. Read full article
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Report: Bill Seeks to Abolish South Korea’s 22% Digital Asset Tax
South Korean lawmakers are once again tearing up the script on crypto taxation, this time with a proposal to scrap the levy altogether before it ever sees daylight. South Korea Crypto Policy Shift Could Remove Tax Burden Entirely According to… Read full article
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Crypto Payments Are Going Mainstream: Can Tourists Turn Into Daily Users In South Korea?
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Strict editorial policy that focuses on accuracy, relevance,… Read full article
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South Korea Fines Bithumb $24.6M And Imposes Six-Month User Registration Ban Over AML Failures
South Korean regulators have taken strong action against one of the country’s largest cryptocurrency exchanges after uncovering millions of compliance failures tied to anti-money laundering rules.
Authorities have fined Bithumb 36.8 billion won (about $24.6 million) and imposed a six-month… Read full article
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South Korea police draft crypto seizure rules after custody lapses: Report
Local media outlet Asiae reported that the national police aim to select a private custody provider in the first half of 2026. Read full article
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Crypto.com taps KG Inicis for tourist crypto payments in South Korea
The partnership targets foreign travelers in South Korea, adding real-world merchant access through a major local payments processor. Read full article
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PropW APAC Market Insights: Why Are Young Traders in South Korea Flocking to Crypto Prop Firms?
South Korea has long been a heavyweight in the global cryptocurrency landscape. For years, the narrative was dominated by retail trading…Continue reading on Medium » Read full article
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Crypto.com Enables Crypto Payments for Tourists in South Korea With KG Inicis Partnership
South Korea is rapidly emerging as a hub for crypto payments, and Crypto.com’s latest partnership could accelerate real-world adoption of…Continue reading on Medium » Read full article
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