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Crypto Vote Could Be Key as South Korea Chooses its Next President


  South Korea goes to the polls on March 9 to elect its next President – and crypto is likely to play a major role in determining the outcome. After a tense and bitter campaigning period, the former prosecutor-general Yoon Suk-yeol, of the main opposition People’s Power Party is hoping...

Russian Banks Look to China’s UnionPay after Visa, Mastercard Freezout


  The American payments heavyweights Visa and Mastercard, as well as the card issuer American Express, have suspended their operations in Russia – joining an increasingly lengthy list of firms severing their trade links with the country. But Russian banks have indicated that they may look...

South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine


Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny...

South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law


  South Korea’s Constitutional Court has upheld a law that blocks gamers from buying and selling crypto and non-fungible tokens (NFTs) – and seeks to punish those trading video game-related coins and items.... Read More: South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law

LABEL Foundation Debuts on Top Digital Asset Exchange in South Korea


PRESS RELEASE. LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson (the parent company) garnered equity capital from two significant investment...

More South Korean Crypto-to-Crypto Exchanges Hopeful of Making Fiat Returns


    A group of South Korean crypto exchanges could be granted permission to resume crypto-to-fiat trading after a breakthrough banking deal last week – but opinions differ on whether the 23 exchanges currently trapped in crypto-to-crypto purgatory will escape before they are overwhelmed...

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