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South Korea confirms 2027 crypto tax, police bust $19M XRP staking scam

South Korea has confirmed that cryptocurrency taxation will officially begin on January 1, 2027, after multiple delays. Finance Minister Koo Yun-chul stated the government...

Derive (DRV) surges 40% on Upbit listing, opens South Korea’s crypto market

Derive (DRV) will gain three trading pairs—Korean won, Bitcoin, and Tether—on Upbit starting July 14, expanding access to one of Asia’s largest crypto markets....

South Korea’s Toss Bank Teams with Solana to Test Faster Stablecoin Remittances

South Korea's Toss Bank has signed a memorandum of understanding with the Solana Foundation to explore blockchain-based cross-border payments. The partnership, the first of...

South Korea’s DAXA Tightens Crypto Exchange API Rules to Curb Abuse

South Korea's Digital Asset Exchange Alliance (DAXA) is implementing stricter compliance measures to address risks from API key misuse in algorithmic trading. The move...

Asia’s Low Rates Fuel XRP ETF Momentum In Japan And South Korea

Discussions around launching an XRP Exchange-Traded Fund (ETF) are gaining significant momentum in Japan and South Korea, fueling market interest. This institutional focus, linked...

South Korean investors’ cryptocurrency holdings plummeted by 42% over the past year, falling from 121.8 trillion won ($83.à§© billion) in January 202à§« to 60.৬...

The cryptocurrency market in South Korea contracted sharply over a 13-month period, with the value of holdings falling from $83.3 billion to $41.4 billion....

South Korea Sets Crypto Tax for 2027, Tightens Travel Rules on All Transfers

South Korea will begin taxing cryptocurrency gains on January 1, 2027, applying a 22% rate to profits above approximately $1,800. The government confirmed the...

South Korea confirms crypto tax will start in 2027 as scheduled

South Korea’s Finance Ministry has confirmed that a long-delayed tax on cryptocurrency gains will take effect as scheduled in January 2027. Moon Kyung-ho, director...

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