South Korean crypto tax crackdown: An official pledges firm action against offshore virtual asset tax evasion, symbolizing increased scrutiny.
Blockchain News

South Korean Crypto Tax: Unprecedented Crackdown Vowed on Offshore Evasion Schemes

Are you a cryptocurrency holder, especially one with international dealings? If so, recent news from South Korea should be on your radar. Lim Kwang-hyun, the nominee to lead South Korea’s National Tax Service (NTS), has made a significant pledge: a firm and uncompromising crackdown on tax evasion, particularly involving private equity funds and, crucially, cryptocurrencies. […]

Hong Kong SFC introduces new custody standards, bolstering virtual asset platforms' digital asset security.
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Hong Kong SFC Unveils Crucial Custody Standards for Virtual Asset Platforms

Hong Kong’s financial landscape is evolving rapidly. The Securities and Futures Commission (SFC) recently unveiled a significant regulatory update. This move directly impacts virtual asset platforms operating within the region. It signals a robust commitment to investor protection and market integrity. This development arrives as global scrutiny on digital assets intensifies. Consequently, the new guidelines […]

Illustrative image of virtual asset seizure in Korea, highlighting new Korea crypto tax enforcement measures.
Blockchain News

Korea Crypto Tax: Unprecedented Seizures Target Unpaid Virtual Assets

The landscape of virtual asset taxation is rapidly changing. In a significant move, Seoul’s Gangnam District recently announced the seizure of ₩210 million (approximately $155,000 USD) in unpaid taxes related to virtual assets. This action signals a clear escalation in **Korea crypto tax** enforcement, showing authorities are increasingly adept at tracking digital wealth. The Escalating […]

Virtuals Protocol crypto token collapse analysis with warning signs
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Virtuals Protocol Collapse: Shocking Truth Behind the Crypto Token Disaster

The cryptocurrency world was rocked by the sudden collapse of the Virtuals Protocol, leaving investors scrambling for answers. What went wrong with this once-promising virtual crypto token? In this in-depth analysis, we’ll uncover the shocking truth behind this market disaster. What Caused the Virtuals Protocol Collapse? The Virtuals Protocol collapse sent shockwaves through the crypto […]

Blockchain News

Hong Kong Digital Assets Policy: Unlocking Innovation

Hong Kong is doubling down on its ambition to become a global hub for Hong Kong digital assets. Following up on its initial foray into virtual asset regulation, the government has just unveiled its second major policy statement, signaling a clear path forward for the industry. This latest move solidifies Hong Kong’s proactive approach to […]

Blockchain News

Vietnam’s Landmark Digital Law: Shaping Crypto and Tech Future by 2026

Are you following the evolving landscape of cryptocurrency regulation in Southeast Asia? A major development is underway in Vietnam. The country’s parliament has just passed a significant piece of legislation, the Law on Digital Technology Industry, which is set to bring formal regulation to the world of digital assets, including cryptocurrencies, starting January 1, 2026. […]