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South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry
11.3.2022
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must...
How South Korea’s Next President Might Change Crypto, Economy & Politics in East Asia
10.3.2022
The main opposition People’s Power Party candidate Yoon Suk-yeol has won the race to become South Korea’s next President. Crypto policy was a key battleground in his victory – by less than a single percentage point – over his centrist rival from the ruling Democratic Party.
Here’s how crypto...
Crypto-friendly Yoon Suk-yeol wins Sth Korean presidency, ICX surges 60%
10.3.2022
Conservative, crypto-friendly candidate Yoon Suk-yeol has claimed victory in the South Korean presidential election, with the token used to mint his signature as an NFT surging 60%
Conservative Candidate Yoon Suk-Yeol Wins South Korea’s Presidential Election
9.3.2022
Yoon defeated his liberal opponent in a contest in which cryptocurrency issues were unusually prominent
South Korea Really Loves Pokémon Bread
9.3.2022
For the first time in about twenty years, Pokémon bread has gone back on sale in South Korea. And the snacks are flying off the shelves. Read more
Crypto Vote Could Be Key as South Korea Chooses its Next President
9.3.2022
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
7.3.2022
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...
Crypto donations to Ukraine top $37M, eBay eyes crypto payments and South Korea allocates $187M to the metaverse: Hodler’s Digest, Feb. 27-Mar. 5
5.3.2022
‘Big Four’ South Korean Crypto Exchanges Say They’ve Blocked Russian Users
5.3.2022
All four major South Korean crypto exchanges say they will block users with Russian IP addresses “in line with sanctions” – despite the fact that their overseas counterparts have ruled out making such a move without direct instruction from governments....
Read More: ‘Big Four’ South Korean...
South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine
4.3.2022
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...
Korean blockchain experts seek the government's help for digital asset market
4.3.2022
The Korea Digital Asset Industry Committee meeting discussed crypto tax, DeFi markets, nonfungible tokens and metaverse during their meeting on Thursday
Crypto Biz: Another billionaire admits he was wrong about Bitcoin, Feb. 25-Mar. 3
3.3.2022
Citadel Securities will enter the crypto market, CEO Ken Griffin confirmed. DCG announced a $250 million share repurchase for Grayscale products
IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News
3.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News
Decentraland, the Sandbox, & FIREPIN Token Pave the Way for South Korea’s Moves Into the Metaverse
2.3.2022
South Korea’s Ministry of ICT, Science, and Future Planning has agreed to spend about 185 million dollars on building a metaverse ecosystem that will help businesses and digital content grow in the country, as well as the country itself. This could be inspired by the release of products such...
South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law
2.3.2022
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
South Korean crypto market grows to $45.9B in 2021 despite strict regulations
1.3.2022
The 24 licensed crypto exchanges registered a collective average daily transaction volume of near $9.4 billion
eBay's Crypto Teaser, UK Seeks More Power to Seize Crypto + More News
28.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: eBay's Crypto Teaser, UK Seeks More Power to Seize Crypto + More News
South Korea to invest $187M in national Metaverse project
28.2.2022
The government will provide $186.7 million to stimulate the growth of a Metaverse platform that it hopes businesses and industry will thrive in
LABEL Foundation Debuts on Top Digital Asset Exchange in South Korea
25.2.2022
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
22.2.2022
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...