Cryptocurrency Analysis and News Portal
On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country.According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s most affluent districts, believes that it is
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The Korea Internet & Security Agency, or KISA, is the first public entity of South Korea to implement a blockchain-powered employee ID system through a smartphone app starting October.According to Yonhap, the agency will also issue tokens called “KISA Coin” to reward KISA’s best employees, enabling them to purchase snacks,
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Trevor Noah compares the US to South Africa under apartheid. High unemployment rates, angry citizens, and white supremacy are just some of the similarities. The comedian recalls how people were encouraged to snitch on their neighbors. Corona-times have proven to be beneficial to comedian Trevor Noah. Despite filming from his New York City
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South Korea's third largest crypto exchange, has reportedly been seized by police over allegations it faked most of its trading volume. Source
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Daegu, the fourth-largest city in South Korea, recently announced their plans to allocate over $6 million towards blockchain and artificial intelligence education.According to Up Korea, Daegu’s officials aim to solve what they consider a “serious shortage of resources in the core technologies of the 4th industrial revolution.” The city’s government
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FCSA said Mirror Trading's self-proclaimed 10% monthly returns "seems far-fetched and unrealistic" as it opened an investigation. Source
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South Korea’s Buyeo County, located in the rural province of South Chungcheong, has been witnessing strong interest in a local blockchain-powered stablecoin since its creation in early 2019.According to a report published by Donga, most of the county’s population is made up of elderly residents. Census data indicates that around
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South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance said
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The South Korean government has announced a 20% tax rate for income generated from cryptocurrency trading.Following a Tax Development Review Committee meeting on July 22, the Ministry of Economy and Finance published its revised tax code detailing the new rules. In a section headed, “Taxation on Virtual Asset Transaction Income,” the
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South Africa’s largest bitcoin exchange by trading volume VALR has raised R57-million ($3.4-million USD) to advance the adoption of
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