Bitcoin holds $75K as AI regulation fears see KOSPI halted after 8% crash
Bitcoin consolidated as fears over US AI regulation spread to Asia, causing South Korea to announce measures to calm stockmarket volatility.…
GOPAX halts crypto trading, withdrawals to move all assets to cold storage
South Korea’s GOPAX suspended trading, deposits and standard withdrawals after a hacking threat, with manual withdrawals available through support.…
South Korea seeks 4th crypto tax delay, targets 2029 start
South Korea is seeking a fourth delay to its 22% crypto tax, months after reaffirming plans to begin taxing digital asset gains in January 2027.…
South Korea's ruling party wants to delay its crypto tax again
South Korea's ruling party wants to delay crypto tax by about two years, as it waits for global taxsharing rules and new digital assets law. Source:CoinDesk
South Korea's president says country needs a ‘cybersecurity czar’ following $6.3 billion Binance hack
Lee Jae Myung said he wants a governmentwide agency to tackle cyberattacks as AI raises security concerns across financial institutions and critical…
South Korea asks its biggest banks how a major crypto hack would hit them
In its first such survey, the BOK also asked about a crypto price crash, losses at another firm, and each firm’s crypto teams, budgets and investments.…
South Korea urges exchanges to boost cold storage after Binance hack
South Korean crypto exchanges are already required to hold at least 80% of customer crypto in cold wallets, but the regulator is urging more.…
Tampered Ledger reported in Singapore a month before news broke: Asia Express
Singapore police say tampered Ledgers started showing up there on September 10. South Korean lawmakers look set to delay the crypto tax law for a fourth time.…
Kospi surges 7% as SK Hynix earnings fuel AI stock rebound
South Korean chipmakers led a broader AI recovery after SK Hynix reported a sevenfold profit surge and announced another $45 billion in shareholder returns.…
SK Hynix delivered on third-quarter results — but the outlook is what really mattered to Wall Street and the AI trade
South Korea memorychip giant says supply constraints will last through 2030. Source:MarketWatch
South Korea lawmakers mull pushing crypto tax implementation to 2029
The Seoul government is reportedly weighing another delay for a 2020 income tax policy on digital assets, citing concerns with receiving data from US…
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029. Source:CoinDesk