South Korea

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South Korea Plans to Tax Crypto Airdrop Recipients: Report
The government said crypto airdrops count as gifts under tax legislation.
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Regulators in South Korea have flagged 16 crypto firms for violating local registration rules. (Jacek Malipan/EyeEm/Getty)
South Korea's Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration
Crypto exchanges KuCoin and Poloniex are among the foreign firms accused of conducting "illegal business activities" without proper registration, and could face fines or impri...
Regulators in South Korea have flagged 16 crypto firms for violating local registration rules. (Jacek Malipan/EyeEm/Getty)

According to former employees, "Terra" was the unofficial beer of Terraform Labs.  (Sam Kessler/CoinDesk)
'Don't Say Terra' and Other Reflections From Korea's Crypto Extravaganza
A string of conferences in Seoul explored the future of DeFi, but the $40 billion blowup of a major Korean project was not on the agenda.
According to former employees, "Terra" was the unofficial beer of Terraform Labs.  (Sam Kessler/CoinDesk)

(peterschreiber.media/Getty Images)
First Mover Asia: Bitcoin Tests $25K Before Retreating; S. Korea Play-to-Earn Ban Unlikely to End Soon
The South Korean government has yet to show any sign of wanting to change current laws, said attendees at Korea Blockchain Week; ether falls.
(peterschreiber.media/Getty Images)

Authorities in South Korea have reportedly arrested three people tied to a forex probe involving crypto. (Catherine Falls Commercial/Getty Images)
South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report
Authorities are investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments, according to a local media outlet.
Authorities in South Korea have reportedly arrested three people tied to a forex probe involving crypto. (Catherine Falls Commercial/Getty Images)

South Korea's top financial watchdog promised to accelerate new crypto rules at a National Assembly meeting in Seoul on Thursday. (efired/Getty Images)
South Korea's Financial Watchdog to Expedite New Crypto Rules: Report
Thirteen bills related to virtual assets are waiting to be debated in Parliament, the chairman of the Financial Services Commission said.
South Korea's top financial watchdog promised to accelerate new crypto rules at a National Assembly meeting in Seoul on Thursday. (efired/Getty Images)

Korea Blockchain Week is taking place in Seoul, South Korea. (Ciaran O'Brien/Unsplash)
EU Official Says Europe’s MiCA Bill Would Prevent Collapses Like Terra's
Peter Kerstens said the rules would require stablecoins to be fully collateralized and redeemable upon request.
Korea Blockchain Week is taking place in Seoul, South Korea. (Ciaran O'Brien/Unsplash)

Seoul, South Korea (Shutterstock)
South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover
The Naver-owned social network worked with Jump Crypto to build ZepetoX on the Solana blockchain.
Seoul, South Korea (Shutterstock)

Ethereum cofounder Vitalik Buterin speaks at ETHSeoul. (CoinDesk)
At ETHSeoul, Ethereum Developers Turn Attention to Privacy and Users
Real-life use cases, privacy and making blockchain applications more accessible for retail users dominated the conversations at Ethereum’s developer event.
Ethereum cofounder Vitalik Buterin speaks at ETHSeoul. (CoinDesk)

Klaytn's funding aims to support industry research in a program led by two of Asia’s highly ranked technology schools. (Noah Buscher/Unsplash)
Korean Blockchain Project Klaytn Commits $20M to Blockchain Research
The funding program will support research led by two of Asia’s most highly ranked technology schools.
Klaytn's funding aims to support industry research in a program led by two of Asia’s highly ranked technology schools. (Noah Buscher/Unsplash)