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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 African Mobile Network Operator MTN Buys Land in the Metaverse


Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital...

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

How NFTs and the Metaverse Can Help Save the Planet


The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally conscious young fans about...

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