Articles with tag like: Financial Services Commission

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South Korea-based digital asset investors to pay 20% in taxes from crypto trading

News | Cryptocurrencies | 15 Jul 2020

South Korea’s private sector members have revealed that the nation’s citizens may have to pay as much as 20% of their cryptocurrency earnings in taxes. 

South Korea, digital assets, taxes, crypto trading, private sector, cryptocurrency, earnings, virtual currencies, electronic certificates, digital certificates, financial assets, capital gains, Financial Services Commission, financial regulator

South Korea officially launches Open Banking service

News | Payments General | 18 Dec 2019

South Korea has launched an open banking service in a move to boost convenience and lower transaction costs for customers.

South Korea, Open Banking, open banking service, Financial Services Commission, KB Kookmin Bank, Shinhan Bank, Woori Bank, Keb Hana Bank, Viiva Republica, Toss

South Korea to launch Open Banking in December 2019

News | Payments General | 16 Apr 2019

The Financial Services Commission (FSC), South Korea’s financial regulator, has announced plans to launch an Open Banking system by the end of 2019.

Financial Services Commission, FSC, Open Banking, APIs, South Korea, fintech, innovation, payments, transaction fees, data privacy