News with the tag "Dunamu"

Dunamu, the operator of South Korea's Upbit exchange, has partnered with Vietnam's MB Bank to launch a new cryptocurrency exchange in Vietnam, aiming to enhance investor protection and boost the crypto market in Southeast Asia.

The Seoul High Court has recommended mediation in a tax dispute between Dunamu, the operator of Upbit, and the National Tax Service over a 2.6 billion won assessment, which could set a precedent for crypto taxation in South Korea.

South Korea is considering granting legal status and tax incentives to crypto firms by recognizing them as 'venture companies,' aligning with President Lee Jae Myung's pro-crypto agenda.

Upbit's parent company, Dunamu, has filed 66 trademark applications, signaling its strategic focus on Korean won stablecoins and global fiat-crypto pairs, potentially reshaping South Korea's digital asset landscape.