SEOUL, Jan. 22 (Korea Bizwire) — The government said Monday it will collect up to 24.2 percent of corporate and local income taxes from South Korea’s cryptocurrency exchanges this year. The Seoul government has been striving to rein in the virtual currency frenzy in Asia’s fourth-largest economy while contemplating a bill to ban cryptocurrency exchanges. [...]
SEOUL, Nov. 28 (Korea Bizwire) – Movie lovers can now comfortably pay for films at home with bitcoins, as CJ E&M has introduced a bitcoin payment service on its website Vingo (www.vingo.co.kr). The online portal offers up a huge quantity of video content, viewable on a myriad of gadget types including smartphones, televisions, tablets and [...]
SEOUL, South Korea, Aug. 25 (Korea Bizwire) – Korbit (https://www.korbit.co.kr), Korea’s leading bitcoin exchange, wallet and merchant processor, has closed a $3 million Series A funding round led by SoftBank Ventures Korea. Pantera Capital led the round from the US side, with participation from BAM Ventures and previous investors Bitcoin Opportunity Corp., Tim Draper, Pietro [...]