South Korea labels mass-produced NFTs as virtual assets
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
South Korea Busts $9M XRP Scam After Fake Staking Site Traps 71 Investors in Just 7 Days
Key Takeaways: Three suspects have been detained by South Korean police over a XRP investment scam worth 12.3 billion won. The gro...
7 Crypto Risk Controls Traders in South Korea Apply
Multiple studies of retail trading activity have reached the same conclusion: most active traders lose money over time, largely be...
Ripple Expands RLUSD Across South Korea’s Top 4 Exchanges
Ripple USD now trades across South Korea’s four largest cryptocurrency exchanges, expanding direct won access to one of the world’...
South Korea confirms 20% tax on crypto gains starting january 2027
The new tax policy may shift South Korean crypto market dynamics, emphasizing regulatory compliance and potentially altering inves...
KSNET partners with Solana Foundation to bring Solana Pay to 330,000 South Korean merchants
The partnership could accelerate crypto adoption in Asia, enhancing Solana's market presence and potentially influencing regional...
South Korea report proposes stablecoin rules before crypto law
Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Ass...