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[Bills in Focus] Stock investment promotion, wind power distribution

Proposed Bill: Partial Amendment to the Act on Restriction on Special Cases Concerning Taxation Proposed by Rep. Park Dae-chul (People Power Party) ● In consideration of the high interest rates and rising number of stock investors in the current economic landscape, this amendment proposes to cancel the upcoming implementation of the financial income tax system and maintain the current capital gains tax system. This . ....

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Bithumb hits stumbling block in ambition to be market No. 1

Bithumb Korea, the operator of the country’s No. 2 cryptocurrency exchange Bithumb, has failed to seal a deal with major local lender KB Kookmin Bank for issuance of real-name accounts, jeopardizing its plan to attract more traders. KB Kookmin Bank informed Bithumb last week that it will not partner with the crypto exchange to provide real-name accounts, industry officials confirmed Friday. In Korea, virtual as. ....

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Introduction to FinTech Laws and Regulations in South Korea

Since 2016, Korea's fintech startup ecosystem has been booming, and now boasts more than 400 fintech companies across sectors such as electronic… ....

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Authorities to ban access to unauthorized foreign crypto exchanges

Authorities to ban access to unauthorized foreign crypto exchanges ....

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South Korea may impose tax on NFT and DeFi investors

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

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