Category: Korea Insider

Every Korean government body involved in mainstreaming cryptocurrency is urging lawmakers to get moving and pass revisions to the Financial Transactions Reporting Act (FTRA).

6 Billion KRW Pumping Into Blockchain; DID a Popular Feature

by Robin J. Wolf | Jan 21, 2020 | Korea Insider | 0 |

The Korean government will spend KRW 600 million won on each of 10 blockchain projects in 2020, for a total budget of KRW 6 billion.

ICONLOOP CEO Speaks at MIT AMP, Broof Used to Issue Certificates

by Robin J. Wolf | Jan 17, 2020 | Korea Insider | 0 |

Not only did ICONLOOP’s CEO speak at a prestigious advanced management program, but Broof got another use case.

Constitutional Court to Hear Arguments on Korean Crypto Crackdown

by Robin J. Wolf | Jan 16, 2020 | Korea Insider | 0 |

South Korea’s Constitutional Court will hear arguments Thursday to determine whether the government’s 2017 crackdown on cryptocurrency violated the basic rights of Korean citizens.

CBDCs: The Pluses and Some Major Minuses

by Robin J. Wolf | Jan 13, 2020 | Korea Insider | 0 |

CBDC’s have much to recommend them, but also some significant drawbacks.

Presidential Committee: List Bitcoin on the KRX

by Robin J. Wolf | Jan 6, 2020 | Korea Insider | 0 |

A South Korean presidential committee has called for Bitcoin to be listed on the nation’s main bourse.

Korean Government Split on Crypto Tax?

by Robin J. Wolf | Jan 3, 2020 | Korea Insider | 0 |

Korean crypto exchange Bithumb has paid an enormous tax bill, but is appealing the tax on grounds of non-legitimacy.

Adieu, 2019. Hello, 2020.

by Robin J. Wolf | Dec 31, 2019 | ICON Insider, Korea Insider | 0 |

It’s been a big year for ICON, the ICON Republic and the blockchain space.

A Tax Bomb? Or Just the System Working Out Some Kinks?

by Robin J. Wolf | Dec 30, 2019 | Korea Insider | 0 |

Bithumb gets handed a big tax bill. But what does it really mean?

Korean Blockchain Market to Grow Over 60% per Year Through 2022: Report

by Robin J. Wolf | Dec 27, 2019 | Korea Insider | 0 |

A recent report predicts that Korea’s blockchain industry will grow about 61.5% per year to reach KRW 350 billion by 2022.

Does Crypto Regulation Violate Rights to Property and Pursuit of Happiness?

by Robin J. Wolf | Dec 23, 2019 | Korea Insider | 0 |

The Constitutional Court of Korea will hold a hearing next month to determine whether the government violated the constitution with its regulations on the cryptocurrency industry.