Tag: South
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South Korea levies $860K fine on Worldcoin for compliance failures related to data collection
South Korea’s Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1.14 billion ($861,408) on Worldcoin and its affiliate Tools...
South Korea moves to delay crypto tax until 2028 amid market concerns
South Korean lawmakers have proposed a bill to delay the implementation of crypto gain tax until 2028.The ruling political party proposed the bill...
South Korea to tighten crypto exchange oversight with new monitoring system
South Korea’s Financial Supervisory Service (FSS) plans to tighten oversight of crypto trading platforms under its jurisdiction to eliminate fraudulent transactions.In a July...
Financial watchdog clarifies role amid South Korea’s new crypto compliance crackdown
South Korea’s Financial Supervisory Service (FSS) has clarified its role regarding the rumored removal of numerous digital assets from local crypto exchangesOn June...
South Africa advances financial inclusion with crypto and digital payment reforms
South Africa announced plans to weave digital payments and crypto into its financial fabric to boost the economy for marginalized groups.The announcement was...
