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Real-time crypto market updates. Daily coverage of Bitcoin, altcoin prices, trading volumes, and key market movements.

National Tax Service "Virtual Assets Stored in Metamask, Excluded from Overseas Account Reporting"

National Tax Service "Virtual Assets Stored in Metamask, Excluded from Overseas Account Reporting"

According to a report by Digital Asset, the National Tax Service has announced that virtual assets held through non-custodial, decentralized virtual asset wallets such as cold wallets (offline wallets) will not be subject to overseas financial account reporting. The official interpretation of the law comes after it was unclear whether

President Yoon "Pushes to Abolish Financial Investment Income Tax"

President Yoon "Pushes to Abolish Financial Investment Income Tax"

President Yoon Seok-yeol on Feb. 2 became the first sitting president to attend a stock market opening ceremony and said he would "push for the abolition of the financial investment income tax," according to Financial News. President Yoon attended the '2024 Securities and Derivatives Market Opening Ceremony&

MetaGalaxy to sell NFTs at GS25..."Korea's first convenience store offline NFT"

MetaGalaxy to sell NFTs at GS25..."Korea's first convenience store offline NFT"

MetaGalaxia announced today that it will begin offline sales of NFTs (non-fungible tokens) at GS25 convenience stores, the first in Korea. This will allow customers to purchase and hold NFTs issued and sold by MetaGalaxia at convenience stores. Metagalaxy is operated by Galaxy Metaverse. The NFTs sold at GS25 convenience

Financial Supervisory Service points out insufficient risk management of virtual asset operators to Jeonbuk Bank

Financial Supervisory Service points out insufficient risk management of virtual asset operators to Jeonbuk Bank

The Financial Supervisory Service has told Jeonbuk Bank to strengthen its risk management in relation to a contract to issue real-name accounts to virtual asset operators, including assigning dedicated personnel to monitor them, Korea Finance reported. According to the financial regulator on Sept. 26, the FSC issued one management recommendation

Danal Entertainment Receives Investment from Hana Financial Group to Launch New Token Securities Business

Danal Entertainment Receives Investment from Hana Financial Group to Launch New Token Securities Business

Danal Entertainment, a subsidiary of Danal, has secured investment from Hana Financial Group's strategic fund, according to the daily. Danal Entertainment plans to use the funds to accelerate the acquisition of intellectual property rights (IP) and to launch new businesses such as token securities (STO). Through this investment,

Sam Altman seeks $50M in additional funding for Worldcoin

Sam Altman seeks $50M in additional funding for Worldcoin

According to BeInCrypto, OpenAI CEO Sam Altman is seeking an additional $50 million in funding. "As AI becomes a bigger and bigger part of our lives, unique ways of identifying as human will become increasingly important," he said in a recent interview with FT Partners. Worldcoin previously raised

Virtual Assets to be Returned to the Korean Treasury, Changed from Investigators to Prosecutors' Office Entity

Virtual Assets to be Returned to the Korean Treasury, Changed from Investigators to Prosecutors' Office Entity

According to the Herald, the process of returning crypto assets confiscated and collected as proceeds of crime to the national treasury will be improved. Previously, investigators had to create an account in their personal name to cash out, but now it will be done through a corporate account of the