Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible

Contents Protocol will refund approximately $7.5 million worth of ether back to investors.

South Korea Considers 20% Crypto Income Tax

Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal.

Bithumb Exchange Fighting Back Against ‘Groundless’ $69M Tax Bill

The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions.

Binance to Launch Korean Support Center Following Investment in Local Startup

Binance has made its first direct investment in a South Korean startup as part of a deal to launch a support center in the country.

Popular Korean Crypto YouTuber Badly Beaten After Threats From Angry Investors

A South Korean crypto YouTuber has been assaulted at his home, soon after threats to his company's staff from investors.

South Korean Presidential Committee Wants to Bring Crypto Into Mainstream Finance

Financial institutions should be allowed to launch cryptocurrency products, such as derivatives, according to a government advisory body.

Korea’s Tax Agency to Withhold $70M From Crypto Exchange Bithumb

South Korea's National Tax Service will withhold tax worth $70 million from the country's largest crypto exchange Bithumb.

South Korean Central Bank to Organize a CBDC Task Force

South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology.

Kakao’s Delayed Crypto Wallet Will Support Native Dapps, Collectibles

Kakao's in-development wallet for its "klay" cryptocurrency will support dapps and tokens based on the firm's blockchain tech. The bad news is the launch has been delayed.