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S. Korea’s SK Square Will Spend $1.6B on Semiconductors, Blockchain
28.3.2022
The company has been jumping into the crypto space and last acquired a 35% stake in crypto exchange Korbit
TooNFT Looks to Revolutionise the Webtoon Industry via Next-Generation Blockchain Platform
27.3.2022
PRESS RELEASE. Given the rapid evolution associated with technological advancements and new developments regarding Web3 and dApps, TooNFT has decided to launch the decentralised webtoon platform in conjunction with Toomics, which happens to be one of the largest webtoon platforms in South Korea...
FATF Travel Rule Now Law in Sout Korea – But Crypto Exchanges Are Still Struggling with it
26.3.2022
The Financial Action Task Force (FATF)’s Travel Rule is now compulsory in South Korea – but critics have decried the nation’s lack of preparedness for the measure....
Read More: FATF Travel Rule Now Law in Sout Korea – But Crypto Exchanges Are Still Struggling with it
LG Electronics adds blockchain and crypto as new areas of business
25.3.2022
South Korean tech giant LG Electronics has officially updated its business development goals to include cryptocurrency and blockchain-based software
This Is Why Telecoms Giant SK Aims to Launch a Cryptoasset ‘in 2022’
24.3.2022
SK Square, an offshoot of one of South Korea’s biggest chaebol conglomerates has announced plans to launch a cryptoasset before the year is out – and intends to link it to a whole host of the conglomerate’s business platforms....
Read More: This Is Why Telecoms Giant SK Aims to Launch...
S. Korea's SK Square to Launch Crypto Token by Year-End: Report
24.3.2022
The crypto will be the first to be issued among S. Korea's top conglomerates
Prosecutors: Ethereum Foundation Knew About Virgil Griffith’s North Korea Intentions
24.3.2022
American prosecutors have told a court that the Ethereum Foundation, the body that governs the Ethereum (ETH) blockchain network, “initially indulged” the foundation’s Virgil Griffith – the man whom the FBI says “illegally engaged” with North Korea in 2019....
Read More: Prosecutors: Ethereum...
S Korean Market Regulator Wants to Label Upbit, Bithumb ‘Large Conglomerates’
23.3.2022
South Korea’s biggest crypto exchanges are set to be regulated by the nation’s conglomerates regulator – a sign they have grown from relative obscurity into mega-companies in the space of just a few years. But the regulatory move would also ramp up scrutiny on what is already a heavily policed...
DAO Snaps up South Korean Cultural Treasure that Dates Back to Antiquity
17.3.2022
A decentralized autonomous organization (DAO) has bought a South Korean national treasure – in what represents a remarkable first for the nation’s culture and crypto sectors.
ChannelA reported that the national treasure – a miniature gilt-bronze shrine that accompanies another piece – had been...
Klaytn token down 15% in a month, but network's TVL shows resilience
16.3.2022
KLAY's market cap is roughly 70% below its all-time high, but the network's TVL and DApp data hint that the service-oriented blockchain might bounce from its lows
South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success
16.3.2022
South Korean video game giants want to carve out a slice of the increasingly lucrative play-to-earn (P2E) crypto gaming pie – with heavyweight Neowiz set to drop a new crypto golf gaming title....
Read More: South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success
Here’s how Asian countries deal with crypto sanctions against Russia
14.3.2022
Global regulators continue asking crypto exchanges to comply with sanctions against Russia as the country itself has no legal crypto trading platforms
Law Decoded: Joe Biden’s executive order is finally upon us, and it doesn’t look too dreadful, March 7–14.
14.3.2022
The long-anticipated presidential directive drops, EU votes on PoW ban, South Korea gets a pro-crypto president
First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
13.3.2022
Both candidates made crypto an important issue to attract younger voters. It's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red
South Korea’s Next President Might Create Parity for Crypto and Stock Market Traders
12.3.2022
South Korean media expect the nation’s President-Elect to up the crypto tax limit to impose uniformity with stock market traders – and venture into the unknown with pro-crypto policies. However, this is likely to result in more regulation rather than a laissez-faire approach....
Read More: South...
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%
First Mover Asia: Signs Point Upward for Crypto in India and Korea; Bitcoin and Ether Soar on US Executive Order
10.3.2022
India's finance minister says the country will launch a central bank digital currency sooner than she'd previously indicated; cryptos rise as investors view the Biden administration's executive order as a positive development
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