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...
LATEST ARTICLES
Interest Rate Hike on Deposits at Korean Virtual Asset Exchanges Spurs...
Recently, the number of users depositing Korean won (KRW) on virtual asset exchanges in South Korea to earn interest has been steadily rising. As...
