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Will New P2P Legislation Hurt South Korean DeFi Industry?


South Korean decentralized finance (DeFi) players have called for calm after some experts claimed that forthcoming legislation could effectively hamstring the nation’s fledgling DeFi market. Many industry insiders have expressed alarm over a recent amendment made to a digital finance act pertaining...

South Korean Crypto Exchanges Ready Compliance Measures as Clock Ticks


South Korea’s landmark Special Financial Transactions Information Act amendment was promulgated earlier this week, a fortnight after the country’s parliament voted unanimously in its favor. Although many industry players have been galvanized by it, others have warned that its stipulations – which...

Why Is South Korea’s Coronavirus Fatality Rate so Low?


With the coronavirus pandemic raging – bringing illness, death, and unprecedented economic decline in its wake, the pressure is on scientists, doctors and statisticians to pick key patterns out of the flood of coronavirus-related data. In fact, rewind a few weeks and you may recall that South Korea...

Is the South Korean Government Teaching Children How to Use Crypto?


Source: iStock/recep-bg A revamped learning resource platform aimed at boosting entrepreneurship in elementary and middle school pupils teaches children how to raise digital tokens in online crowdfunding incentives. Per Yonhap, the platform, which went live on March 16, aims to nurture “young...

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