South Korean prosecutors filed an arrest warrant for former Defense Minister Kim Yong-hyun, accusing him of collaborating with President Yoon Suk Yeol to orchestrate an insurrection in the controversial Dec. 3 martial law declaration. This marks a significant development in the investigation, as prosecutors identify Yoon as the central figure behind the alleged coup attempt. Kim, summoned by the special prosecution investigation team for questioning on insurrection, abuse of power and other char

Amid the rapidly expanding global virtual asset market, South Korea has decided to push back cryptocurrency trading taxation until 2027. On Tuesday, the National Assembly passed a revised Income Tax Act, which includes a two-year delay on taxing income from virtual asset trading, initially planned for implementation next month. The original plan proposed a 22 percent tax on annual crypto income exceeding 2.5 million won ($1,750) starting in January 2022 but has been delayed three times due to po

After the shocking but brief martial law declared by President Yoon Suk Yeol on Dec. 3, several celebrities, including K-pop singers, have voiced — or at least hinted at — their stance on the ongoing political crisis. Speaking out on political matters has long been a taboo for idols, whose freedom of expression is often tightly controlled by their agencies. However, with the rise of social media and the globalization of K-pop, the question emerges: Should K-pop singers be restricted