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South Korean Political Parties in ‘De Facto Agreement’ over Crypto Tax Delay
26.11.2021
The protracted political struggle over the South Korean crypto tax has entered a new – and possibly decisive chapter – with the major parties reaching a “de facto consensus” over a delay that could see traders allowed to transact tax-free until 2024.
As reported, both major parties have pledged...
South Park Predicts Bitcoin Will Dominate Our Future
26.11.2021
The South Park: Post Covid animated movie flick makes a number of bitter predictions on where we are headed, placing the series’ characters in the year 2061. However, it presents a future in which bitcoin (BTC) and other cryptocurrencies are a dominant payment method. ...
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South Korean regulator proposes strict new rules for token issuers
26.11.2021
The FSC wishes to establish a system that would recover illegally gained funds, dole out criminal punishments, and protect investors from future malfeasance
South Korean Parliament Tries to Push Through Crypto Tax Delay, Gov’t Fights Back
26.11.2021
The South Korean government is on a collision course with lawmakers on both sides of the National Assembly on the issue of crypto tax.
The matter has become a political hot potato – or perhaps more accurately, a political hot mess – in recent months. ...
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The future is Bitcoin according to South Park creators
25.11.2021
“It’s the future — we’ve all decided centralized banking is rigged so we trust more in fly-by-night Ponzi schemes,” said the motel clerk accepting Bitcoin as payment
South Korean Gaming Watchdog Won’t Budge on Tough Anti-NFT Stance
25.11.2021
South Korea’s gaming regulator has reiterated its stance that games that feature tradeable non-fungible tokens (NFTs) cannot be distributed in the nation.
As previously reported, in 2019, the Game Rating and Administration Committee (GRAC) refused to issue a rating to Infinity Star, a game...
Report: North Korean Man Sentenced To Death For Smuggling Copies Of Squid Game
24.11.2021
Last week, Radio Free Asia reported that copies of Squid Game had been smuggled into North Korea on USB drives and SD cards. Now, according to RFA, a man who is said to have smuggled in the show has been sentenced to death by a firing squad. Read more
South Korean Draft Law Calls for Life Sentences for Crypto Market Manipulators
24.11.2021
The South Korean government has unveiled a new draft crypto law that includes strict punishment for token market manipulation-related offenses – proposing massive fines and hefty jail sentences for offenders....
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Mixed messages on crypto tax rules create confusion in South Korea
24.11.2021
Government officials waffling about the crypto tax that's set to come into effect in 2022 has created a maelstrom of conflicting reports that even officials can’t seem to keep track of
South Korea financial authority rules that NFTs are taxable
23.11.2021
Korean lawmakers plan to impose taxes on NFTs after classifying them as virtual assets
Look At This Squeakin’ Guinea Pig Car Racing Game You Guys
23.11.2021
You can keep your Demon Slayer and your Dr. Stones, the greatest animated entertainment to come out of Japan in the past decade is Pui Pui Molcar. The hit series is a stop-motion masterpiece in which people drive around in cars that are actually adorable guinea pigs, and it’s getting its first...
South Korean Crypto Exchange Heavyweight Bithumb Gains Operating Permit
23.11.2021
The last of the South Korean “big four” crypto exchange platforms – Bithumb – has finally received an operating license from the nation’s financial regulator, the Financial Intelligence Unit (FIU).
Bithumb had submitted its application to the FIU ahead of the latter’s September 24 deadline....
Venezuelans promised Axie Infinity scholarships for crypto training courses
21.11.2021
The initiative is a part of the La Guaira Digital program, which aims to fast-track growth and induce economic stability in the country
Ruling South Korean Party Makes Pro-Crypto Policy U-Turn
20.11.2021
The head of the ruling Democratic Party in South Korea has promised to make a dramatic U-turn on crypto policy, claiming that “the time has come” for the government to stop regulating crypto and start “fostering” the industry....
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NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
19.11.2021
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was...
South Korea's leading blockchain facing greater competition in NFT market
19.11.2021
South Korean blockchain platform Klaytn may see its domestic dominance dwindle if it cannot keep pace with competitors such as Polygon
Play-to-Earn Games Offer Alternative for Unbanked in South East Asia
18.11.2021
Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia...
Creditors of Collapsed South African Crypto Firm Vote to Accept Offer to Resuscitate the Company
18.11.2021
Creditors of a South African crypto trading firm, Africrypt, have agreed to a proposal recently tabled by an unnamed investor who is seeking to resuscitate the collapsed company. Africrypt’s Intellectual Property In addition to paying $4 million — which will be used to pay off some...
South Korea embraces the proto-Metaverse
18.11.2021
South Koreas will be immersed in the Metaverse sooner than later, as industries and public services begin rolling out virtual avatars and applications across the country
Monster Girl Encyclopedia Wiki Will Be Sacked By Host Due To ‘Fetish’ Content
16.11.2021
Fandom, the company that now hosts a solid majority of video game and other pop-culture wikis, recently updated its “community creation policy” with a new section stating that it will no longer host pages that contain “fetish” content. Thanks to this policy update, the Monster Girl Encyclopedia...