Search results for Cabinet
Crypto
Germany considers scrapping 12-month crypto tax exemption rule
The German government is pushing a plan to scrap the current system under which gains from selling cryptocurrencies such as bitcoin are generally tax-free if held for more than 1 year. A draft law from the Federal Ministry of Finance would impose a flat 25 percent tax on gains regardless of holding period, applying to crypto assets acquired after Jan. 1, 2027. Transitional measures would preserve the existing rule for assets acquired by Dec. 31 this year.
Industry
Korea to ease conflict-of-interest rules for state researchers\' startups and tech transfer
South Korea will ease conflict-of-interest rules that applied when researchers at government-funded research institutes started companies using their institutes\' technologies or held stakes in firms that received transferred technologies. The Ministry of Science and ICT said revised laws were approved at a Cabinet meeting on Sept. 8 after passing the National Assembly on Aug. 20. The ministry plans to revise startup guidelines before the law takes effect in March 2027.
AI & Enterprise
Bae Gyeong-hun ends multiple roles, seeks to focus on core work as AI policy duties shift
Bae Gyeong-hun (배경훈), deputy prime minister and science and ICT minister, is ending a period of holding multiple AI policy roles as the presidential office and the National AI Strategy Committee fill key posts. The reshuffle is expected to clarify role-sharing and could speed policy decisions if coordination works smoothly. With AI projects expanding and the ministry’s AI budget rising sharply next year, attention is on whether Bae can deliver execution results while also overseeing broader science and R&D agendas.
-
Industry
Semiconductor export boom swells Korea budget, setting up September parliamentary clash
-
Industry
R&D participation ban for research misconduct up to 20 years; penalty surcharge up to 30 times
-
Finance
Government keeps ISA terms and contribution limits; anti stock price suppression bill to be revisited in parliament
-
Games & Commerce
Government to inject funds directly into distribution channels with 24 million delivery app coupons, public logistics centres
-
AI & Enterprise
MSIT sets 2027 budget at 29.6 trillion won, with 9.4 trillion won for AI
-
Industry
Government to set up future response fund based on 162.3 trillion won in extra tax revenue, double megaproject budget
-
AI & Enterprise
South Korea\'s 2027 government R&D budget nears 40 trillion won, new projects hit record maximum
-
Industry
Honam semiconductor, AI data center projects exempted from pre-feasibility review as three mega projects gain pace
-
AI & Enterprise
Bae Kyung-hoon says AI models are national security, aims for top-tier model next year
-
AI & Enterprise
South Korea Blue House AI policy post vacant for four months, raising questions over successor
-
Industry
South Korea ousts trade chief Yeo Han-koo, disruption to U.S. talks likely
-
Crypto
Countdown to amended Special Financial Information Act puts digital asset industry focus on governance reshuffle
-
Telecommunications & Media
South Korea to loosen broadcast and OTT ad rules, expand mid-roll ads from October
-
Crypto
South Korea to scrap 1 million won threshold for travel rule, tighten major shareholder screening at digital asset exchanges
-
Telecommunications & Media
Broadcast Media Communications Commission steps up talks on government bill for Audiovisual Media Services Act