South Korea’s Financial Intelligence Unit has requested domestic access restrictions on two unregistered cryptocurrency businesses and referred three operators for investigation over suspected violations of the country’s financial laws. According to an Oct. 30 report from Yonhap News Agency, the…

South Korean prosecutors have raided cryptocurrency exchange Bithumb’s headquarters as part of an ongoing investigation into allegations that former and current executives misused company funds allocated for luxury housing. According to an October 29 report by local media outlet News1…

South Korean officials are discussing another postponement of the crypto income tax scheduled for January 1. The presidential office has signalled support for moving the start to 2029, but the National Assembly has not passed that change. For a trader,…

South Korea has begun considering a new education tax on cryptocurrency exchanges that could leave major operators such as Upbit and Bithumb paying billions of won annually if they are reclassified as financial businesses under the proposed Digital Asset Basic…

South Korea is considering delaying its 22% crypto gains tax until 2029, citing overseas trading data gaps and concerns about taxing domestic investors.

South Korea will require registration and reporting for cross-border crypto transfers from December 3, including exchanges and private wallets.

South Korea’s central bank has introduced new reporting requirements that will require domestic crypto exchanges to disclose the monthly holdings of users who have previously transferred digital assets overseas. According to an October 23 report by local media outlet Digital…