Ahead of the proposed legalization of cryptocurrencies in Korea, the financial services commission (FSC) published rules on Jan. 6 that outline which digital assets will be regulated as securities in the country. The guidelines stipulate that all blockchain-based tokens will be treated and...
South Korea’s National Tax Service (NTS) is reportedly conducting a special tax inquiry into Bithumb. South Korean crypto exchange Bithumb has recently drawn the attention of the country’s tax and legal authorities. The tax authorities have decided to launch a “special” investigation into...