South Korea

The South Korean government plans to tax capital gains on cryptocurrency. According to the local news outlet- The Korea Times, the Ministry of Economy and Finance is pushing for the crypto tax bill to be implemented by next year. “Related discussions have been taking place. The [new] bill will be...

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  • December 9, 2019

Binance has joined the governance council of Klaytn, a public blockchain platform of the leading South Korean internet company, Kakao. As a council member, Binance will operate Klaytn consensus node as well as participate along with the other 24 members in key decisions related to the technical or economic update...

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  • October 22, 2019

KakaoTalk which has global monthly active users of 50.9 million recently released a teaser of its cryptocurrency wallet ‘Klip’. The wallet is been developed by Kakao’s blockchain subsidiary Ground X. The blockchain platform is expected to be launched later this year. Since the teaser, a number of dApp partners and...

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  • August 14, 2019