South Korea Delays Planned Cryptocurrency Income Tax
South Korea has postponed its planned cryptocurrency income tax policy, which was scheduled to take effect on January 1, according to a report by Odaily. The government originally introduced provisions for taxing virtual asset gains through a 2020 revision of the Income Tax Act. However, implementation has faced repeated delays, making this the latest change to the policy timeline. Under the revised tax framework, annual gains from transferring or lending virtual assets would be subject to a combined 22% tax after a basic exemption of 2.5 million Korean won. This rate includes income tax and local income tax. Why It Matters The delay could give investors and policymakers more time to prepare for the taxation of cryptocurrency profits. It also highlights the ongoing debate over how digital assets should be regulated and taxed. For South Korea’s crypto market, the timing and implementation of clear tax rules remain important issues for investors, exchanges, and the wider digital asset industry. Final Takeaway: South Korea’s latest postponement keeps cryptocurrency taxation in focus, while investors await further clarity on the policy’s implementation. #SouthKorea #CryptoTax #Cryptocurrency #DigitalAssets #BinanceSquare
Apple Explores a More Immersive Safari Experience for iPhone Duo
$AAPLB Apple is exploring ways to make Safari use more of the outer display on its upcoming iPhone Duo, potentially creating a more immersive web-browsing experience. However, the company has not finalized its approach. According to Sina Finance, Apple engineer Jen Simmons discussed the issue in an October 23 WebKit blog post. She explained that the existing viewport-fit=cover setting allows webpages to extend beneath Safari’s side controls, but many websites do not properly support this layout. To prevent important content from being hidden, developers must account for screen edges and leave appropriate safe margins. Unfortunately, many websites have yet to adapt their designs for these areas. Apple is now exploring alternatives that could give developers greater control over how webpages appear across the display. For example, a website’s header background could extend to the screen edges while navigation links remain in a clearly visible area. Why it matters: If Apple finds the right solution, Safari could deliver a cleaner, more edge-to-edge browsing experience without sacrificing usability. For developers, the challenge will be balancing modern full-screen designs with accessibility and reliable content visibility. $AAPLB
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South Korea Moves Toward Stronger Stablecoin Regulation
South Korea is preparing to update its Foreign Exchange Transactions Act to regulate stablecoins used for payments and strengthen oversight of digital asset transactions. According to local media reports, the government and the Bank of Korea are working together to develop a monitoring framework, including greater international cooperation to combat illegal crypto activity. Officials are also drafting a broader Digital Asset Basic Act that would address exchange licensing and stablecoin issuance rules. Discussions are reportedly nearing completion, with the government aiming to move forward soon. Why it matters: Clearer regulations could shape how stablecoins are issued, used for payments, and monitored in South Korea’s digital asset market. $USDC
Stripe and Plasma Target Global Expansion for Stablecoin Payment Cards
Stripe and Plasma are planning to expand stablecoin payments through a payment card designed to support transactions in more than 100 countries by 2027. According to Odaily, the card is expected to support multiple currencies, including U.S. dollars, Brazilian reais, euros, Mexican pesos, Colombian pesos, and stablecoins such as $USDC and OUSD. The service is reportedly already available in over 30 countries. Stripe’s card infrastructure was estimated to process around $1.2 billion in monthly spending as of 2026. Plasma, a blockchain network focused on stablecoin transactions, is also working to integrate its Plasma One neobank app with Stripe’s card infrastructure. Why it matters: If the expansion succeeds, it could make stablecoins more practical for everyday payments and strengthen their role in global digital finance.