| Mobile Web

Search results for micropayments

Crypto

Crypto hot issues: Virtual asset tax rules due next month as Uptober rally loses steam

South Korea’s National Tax Service said it is preparing to issue detailed criteria for taxing digital assets around November, as questions persist over staking, airdrops, hard forks and DeFi. Lawmakers urged preparations on the assumption the current system will take effect unless the National Assembly decides to delay it. Separately, discussions continue on phase-two legislation under the Digital Asset Basic Act, including stablecoins. Markets also tracked bitcoin’s stalled push above $87,000 and Ethereum’s next major upgrade.

Crypto

XRP overtakes bitcoin to top trading volume in South Korea; caution urged on price impact

XRP has climbed to No. 1 in trading volume in South Korea, overtaking bitcoin and ether. U.Today reported that increased Korean trading helped XRP hold between $1.45 and $1.52 despite broader global market pressure. The surge coincided with the end of the “XRP Seoul 2026” event and private talks during Seoul Crypto Week. Some flagged domestic regulatory structure as a key driver and cautioned against assuming immediate global supply-demand effects.

Crypto

BDACS CSO Kim Tak-jong says won stablecoin should target payment areas previously hard to reach

Digital asset infrastructure company BDACS held a Korea Blockchain Week 2026 side event with Circle, Kyobo Life Insurance and SBI Holdings. Participants from financial institutions and the digital asset industry discussed directions for developing stablecoin-based financial infrastructure. BDACS presented use cases for a won stablecoin and demonstrated an onchain exchange of KRW1 and USDC in a testnet environment using Circle’s StableFX program.