Cryptocurrency Q&A

Daniele Sat Mar 30 2024 | 7 answers 768

I'm considering relocating to Korea and am interested in obtaining permanent residency. Could you provide me with an overview of the process and the requirements I would need to meet? I'm particularly interested in the areas of residence, employment, and language proficiency that might be relevant. Also, I'd like to know about the duration of the application process and any potential difficulties I might encounter. Thank you for your help.

Ilaria Sat Mar 30 2024 | 5 answers 732

Excuse me, I'm quite curious about the taxation aspect of cryptocurrencies. As a professional in this field, I was wondering how much tax do you actually pay on crypto? Is there a specific tax rate for crypto transactions or is it calculated differently depending on the type of crypto and the circumstances? I'm also interested to know if there are any specific tax regulations or guidelines that crypto investors should be aware of. Could you please enlighten me on this matter?

Elena Sat Mar 30 2024 | 5 answers 1094

Could you please clarify the country of origin for Binance? I've been hearing a lot about this cryptocurrency exchange lately, but I'm still unclear about its background. Is it based in a country with a strong regulatory framework for cryptocurrencies, or is it located in a more lenient jurisdiction? I'm interested in knowing this information as it could potentially affect the safety and reliability of the platform. Could you provide some insight into this matter?

BitcoinWarrior Sat Mar 30 2024 | 6 answers 1022

Hello, I am a beginner in the world of cryptocurrency and I am quite confused about the tax regulations. Could you please clarify for me, do I have to pay tax on my crypto gains? If so, how does the taxation process work? Do I need to declare my crypto holdings and transactions to the authorities? Could you also tell me what are the potential tax implications if I fail to declare my crypto gains? Thank you very much for your help!

Martino Sat Mar 30 2024 | 7 answers 1512

Excuse me, I'm a foreigner visiting Korea. I've heard about KakaoPay, which seems to be a popular mobile payment method here. I was wondering if foreigners are also able to use KakaoPay? I'm interested in its convenience and would like to try it out while I'm here. Do I need to have a Korean bank account or any special requirements to use it? Thank you for your help!