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[ANALYSIS] Koreas crypto taxation plan receiving mixed reviews

[ANALYSIS] Koreas crypto taxation plan receiving mixed reviews

Joori Roh 5 minute read Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration SEOUL, July 13 (Reuters) - Yun Hae-ri, a 26-year-old South Korean cryptocurrency investor, has seen the value of a coin named Metadium nearly wiped out since she bought it in April. Like many South Korean retail investors, Yun has thousands of won in smaller cryptocurrencies, seen as alte...

By Syndicated Content By Joori Roh SEOUL (Reuters) – Yun Hae-ri, a 26-year-old South Korean cryptocurrency investor, has seen the value of a coin named Metadium nearly wiped out since she bought it in April. Like many South Korean retail investors, Yun has thousands of won in smaller cryptocurrencies, seen as alternatives to bitcoin, which have plummeted in value as regulators crack down on the sector. By Sept. 24, South Korea’s numerous cryptocurrency exchanges will need ...

Survey shows South Koreans support crypto tax law More than half of the survey respondents favored the controversial crypto tax law in South Korea. 11317 Total views News An opinion poll conducted by South Korean television station YTN has shown significant support for the planned cryptocurrency tax regime in the country. According to a report by The Korea Herald, 53.7% of the 500 participants polled by South Korea survey firm Realmeter expressed support for the crypto tax law coming i...

Cryptocurrency surfaces as issue for presidential election

Demanding probe into nuclear plant row Posted : 2021-02-03 16:32 Updated : 2021-02-03 16:32 Opposition lawmakers submit a request for a National Assembly investigation into the governments alleged plan to help North Korea build a nuclear power plant, to the Assembly Secretariat, Wednesday. The opposition bloc alleged President Moon Jae-in offered to help build the plant in the North as part of cross-border reconciliation projects during his April 2018 summit with the North Korean leader Kim ...

Hana Banks W200 bil. coal investment in Indonesia violates IFCs green principles By Lee Kyung-min Hana Financial Group is coming under mounting criticism for making a hefty investment in coal power plants in Indonesia, financed by its flagship affiliate, Hana Bank. Hana is the only one among Koreas top five financial groups that has yet to renounce investing in fossil fuels. According to Solutions for Our Climate, a Seoul-based climate change advocacy group, Recourse, its Amsterdam-based non-p...