Tag: Korean

Bitcoin.com Partners With Mecon Cash, Enabling BCH to Korean Won Withdrawal at Over 13,000 ATMs Across South Korea

Bitcoin.com Partners With Mecon Cash, Enabling BCH to Korean Won Withdrawal at Over 13,000 ATMs Across South Korea Bitcoin Cash has been added to Mecon Cash’s M.Pay platform which is integrated with over 13,000 ATMs in South Korea. By making bitcoin cash usable for withdrawing won across the country, Mecon […]

Bithumb Takes Korean Tax Authority to Court Over ‘Groundless’ Crypto Tax

Bithumb Takes Korean Tax Authority to Court Over ‘Groundless’ Crypto Tax Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea […]

Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream

Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s financial system, […]

South Korean Committee Passes Bill Enforcing FATF Crypto Rules

South Korean Committee Passes Bill Enforcing FATF Crypto Rules South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task Force. […]

Korean Presidential Committee Pushes to Legalize Crypto

Korean Presidential Committee Pushes to Legalize Crypto A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto […]

US ETF Ruling to Inform South Korean Cryptocurrency Market

US ETF Ruling to Inform South Korean Cryptocurrency Market Local media has reported that a South Korean exchange is waiting for regulators in the United States to make a ruling regarding the highly anticipated Vaneck cryptocurrency exchange-traded fund (ETF) before determining its stance pertaining to virtual currency ETFs. Also Read: […]