Cryptocurrency Q&A

Giuseppe Sat Mar 30 2024 | 7 answers 1854

Can foreigners use Kakao pay?

Excuse me, I'm a visitor from abroad and I'm a bit confused. I've noticed that Kakao Pay seems to be a very popular payment method in South Korea, but I'm not sure if it's accessible to foreigners. Can foreigners use Kakao Pay? If so, are there any special requirements or procedures I need to follow? I'd appreciate it if you could provide some clarification on this matter. Thank you!

Martina Sat Mar 30 2024 | 7 answers 1851

How much is tax in Korea for foreigners?

Excuse me, I am a foreigner who has recently invested in cryptocurrencies and is now considering relocating to Korea. I would like to know the tax regulations regarding cryptocurrencies for foreigners in Korea. Specifically, how much tax am I expected to pay on any income generated from cryptocurrency investments, trading, or mining activities in Korea? Also, are there any specific tax incentives or exemptions available for foreign investors in the field of cryptocurrency? Thank you for your time and assistance.

WhisperWind Sat Mar 30 2024 | 7 answers 1772

Does Binance work in Korea?

As a cryptocurrency trader, I'm always interested in the latest updates and regulations regarding crypto exchanges. I've noticed that Binance is one of the most popular exchanges in the world, but I'm not sure about its availability in Korea. Could you please clarify if Binance operates in Korea? If so, are there any specific regulations or restrictions that Korean users need to be aware of? Additionally, how does Binance comply with Korean financial laws and regulations? Thank you for your assistance.

Arianna Sat Mar 30 2024 | 7 answers 2169

How much crypto do you need to file taxes?

Excuse me, I'm a bit confused about cryptocurrency taxes. I've been investing in a few cryptocurrencies, but I'm not sure how much of it I need to declare when it comes to tax time. Could you possibly enlighten me on this matter? Is there a specific threshold or amount that triggers the need to file taxes on crypto? And if so, how does the process work? I'd appreciate your expertise in this area.