Tag: South Korea
Seoul Greenlights Crypto: Venture Status and Tax Breaks Start Sept. 16
Reading time: < 1 minuteSouth Korea is opening its doors to crypto. The government has passed a revision allowing cryptocurrency firms to be designated as venture companies starting next week.
Cracking Down on Crypto Risk: South Korea Draws a Line on Lending
Reading time: < 1 minuteSouth Korea is continuing its push to bring order to the volatile crypto market, this time targeting the lending sector.
South Korea Bans Crypto Lending Over Investor Protection Concerns
Reading time: < 1 minuteSouth Korean authorities have ordered cryptocurrency exchanges to stop offering lending services, citing high risks for investors.
With New Pro-Crypto President, KakaoBank Moves into Stablecoins
Reading time: < 1 minuteThe election of President Lee Jae-myung has accelerated South Korea’s crypto adoption—and now KakaoBank is stepping into the stablecoin market.
South Korea Acts to Prevent Crypto Lending from Becoming Systemic Risk
Reading time: < 1 minuteWorried that unchecked crypto lending could threaten financial stability, South Korean regulators are preparing stricter oversight of leveraged digital asset loans.
Bank of Korea Launches Dedicated Virtual Asset Division
Reading time: < 1 minuteThe Bank of Korea (BOK) isn’t sitting on the sidelines—it’s diving into crypto headfirst. Reports confirm the central bank has established a new virtual asset division to track market trends and shape future legislation.
South Korea May Give Crypto Firms Startup Perks—Reversing 2018 Ban
Reading time: < 1 minuteSouth Korea wants to let crypto firms register as “venture companies,” granting them tax breaks and subsidies—a major shift from its 2018 rule that lumped them with gambling businesses.
BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision and South Korea Strategy
Reading time: 3 minutesVictoria, Seychelles, 4th July 2025, Chainwire
South Korea Suspends CBDC Trials as Stablecoins Take Priority
Reading time: < 1 minuteSouth Korea’s central bank has paused its digital currency tests amid government efforts to regulate stablecoins.
South Korea’s Left-Wing Government Pushes Crypto ETF Approval to Empower Youth
Reading time: < 1 minutePresident Lee Jae Myung’s administration is advancing plans to approve spot crypto ETFs, with the Financial Services Commission (FSC) submitting a detailed roadmap this week.
