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South Korea’s central bank will now test offline payments and protecting personal IDs.

Samsung NFT TV and Presence in Decentraland The idea of the metaverse is no longer the distant, dreamy vision shared only among a limited number...

Bank of Korea Says First Phase of CBDC Test Completed Successfully

The Bank of Korea wrapped up the first phase of a central bank digital currency (CBDC) simulation project in December, according to a report...

South Korean Aiming to Become a Metaverse Superpower by 2026

South Korea Eyeing to Become a Metaverse Superpower Metaverse was all the rage in 2021 and the narrative is showing no signs of fizzling out...

Korean banks remain conservative toward cryptocurrency industry

Korean banks are taking a cautious attitude to the emerging digital currency industry, amid lingering concerns over crypto exchange operators' possible security loopholes, industry...

Game stocks discover gravity in 2022

Game stocks are nosediving this year after a gravity-defying 2021 thanks to their connections with the metaverse and non-fungible tokens (NFT), two fads that...

South Korea takes stance against mobile crypto gaming

The blockchain-based gaming expansion is growing following the upsurge in crypto-related interests. However, the South Korean government is the first government to take a...

[2022 JANUARY] Teenage Bitcoin Enters Its Wonder Years

Happy 2022, dear readers! Today, January 3, marks the 13th birthday of bitcoin’s genesis block. It’s an anniversary of that mysterious but world-changing day...

Donated or Inherited Virtual Assets to Be Taxed by South Korea’s NTS

Virtual Asset Service Providers Tasked With Evaluating Crypto Gifts South Korea’s National Tax Service (NTS) recently announced that starting in 2022, digital assets that are...

Korean lawmaker to accept cryptocurrency donations

Rep. Lee Kwang-jae of the ruling Democratic Party of Korea said Thursday that he would start accepting cryptocurrency donations sometime in mid-January, for the...

Metaverse Riches Lure One of South Korea’s Oldest Conglomerates

One of South Korea’s biggest conglomerates with roots firmly in traditional industries is taking a leap into the unknown with its next target for...

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