Blockchain News

South Korea Crypto Tax: Crucial Clarity on Validator Rewards

Navigating the world of cryptocurrency taxation can be complex, especially as governments worldwide develop their stances. A crucial development comes from the Ministry of Economy and Finance (MOEF) in South Korea regarding how virtual assets earned through network participation are valued for tax purposes. This guidance offers important clarity for individuals and companies involved in […]

Blockchain News

Strategic South Korea Stablecoin Push: BNK Files Key Trademarks

The world of traditional finance continues its cautious but steady convergence with the innovative realm of cryptocurrencies, and a recent development in South Korea highlights this trend. News from the region indicates significant steps being taken by a major financial player towards exploring digital currency, specifically focusing on a South Korea stablecoin landscape. This move […]

Blockchain News

Bifrost Network Operator Files Trademarks for MJPY, MKRW, MUSD Stablecoins: What This **Signals**

Big news from the world of blockchain infrastructure! The team behind the Bifrost Network, a leading L1 cross-chain platform, is making moves that suggest a significant expansion into the stablecoin space. Recent trademark filings reveal their interest in launching stablecoins pegged to major fiat currencies. This development is particularly interesting for anyone watching the evolution […]

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Urgent: Bithumb Story IP Deposit/Withdrawal Suspension Announced for Network Upgrade

Attention, users of the South Korean crypto market! A significant announcement from one of the country’s major exchanges requires your immediate awareness, especially if you interact with the Story (IP) token. Bithumb, a leading South Korean crypto platform, has revealed plans for a temporary halt that directly impacts Story IP holders and traders. What’s Happening […]

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Urgent Warning: Bithumb Flags WOM Protocol and Kwenta as Closely Monitored Assets

Stay informed on the latest developments affecting the cryptocurrency market, especially actions taken by major platforms like Bithumb. The South Korean crypto exchange has recently made a significant announcement regarding two specific digital assets. Bithumb Designates WOM Protocol and Kwenta In a move impacting holders and traders, Bithumb officially announced on its website the designation […]