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South Korea Considers Deferring Crypto Taxation Until 2028

[Jul 16, 2024 11:30 PM] The ruling party of South Korea is, once again, considering the postponement of the enactment of crypto-specific taxes, as this could influence public opinion towards the government. The party aims to implement these taxation rules by 2028, citing…

Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets

[Jun 17, 2024 9:38 PM] South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews…

Montenegro Court Blocks Do Kwon’s Extradition to South Korea

[May 24, 2024 9:55 AM] A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and…