Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone

South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by...

Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream

A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is...

Trading Bitcoin on a Stock Exchange? Govt. Advisors in South Korea Recommend It

While governments around the world are still grappling with how best to approach cryptocurrencies, an influential advisory commission in South Korea has outlined for...

Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws

In this roundup, we cover several crypto-related actions by the U.S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting....

South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb

The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed...

Asia’s Love Affair With Blockchain Is Blossoming

Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia,...

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.

Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency

In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several...

South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges

A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements.

Bithumb Global Launches Native Token for Exchange Ecosystem

Bithumb plans to launch a native token on top of its namesake blockchain next year.

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