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STELSI, Acquired Strategic Investment from NGC Ventures’ $100 Million Metaverse Fund

SEOUL, South Korea - STELSI, a metaverse architectural project, proudly announced its successful attraction of strategic investment from the $100 million fund initiated by...

[AUGUST] Unsustainable Practices of the Rug Trade

As far as metaphors go, “rug pull” is colorful, tidy, and effective. It assigns malevolence to the people in charge. It paints a portrait...

Restrictions on Deposits and Withdrawals with Unreported Virtual Asset Operators under The Specified Financial...

On August 17, 2022, the Financial Intelligence Unit (FIU) notified 16 foreign virtual asset operators who are engaged in undeclared illegal business activities against...

Antigua and Barbuda Establishes Diplomatic Relations with the Joseon Cybernation

Recently it was announced that the government of Antigua and Barbuda has established diplomatic relations with the Joseon Cybernation. This significant decision, made after...

[JULY] Where the Next Crypto Hub Will Be

The cryptocurrency industry is rapidly evolving, and with it, the landscape of crypto hubs. In the past, a few global hubs, such as Singapore,...

Financial Authorities Revise Accounting Rules for Crypto Assets to Raise Transparency

Cryptocurrency information required in financial statements' commentary Companies that either hold digital assets or have issued cryptocurrencies will be obligated to start disclosing such information...

Crypto Exchanges In South Korea Roll Out Volatility Monitoring System

A consortium of leading cryptocurrency exchanges in South Korea has introduced a system designed to notify users about price volatility and fluctuations in cryptocurrency...

South Korea Passes Inaugural Standalone Crypto Bill After Spate of Scandals

South Korea approved its first standalone digital-asset bill to boost investor protection just over a year after the implosion of tokens created by countryman...

Haru Invest Scandal: 350 Korean Users Lost $79 Million

On the 20th, the victims whose assets were linked to Haru Invest created a delegation to normalize Haru Invest and submitted a united message...

STO’s New Era… Fragmented Investment in ‘Solar and Wind Power’ through Financial Sandbox in...

Financial services that use underlying assets as green energy power generation (solar and wind power) are emerging. It is a business model that allows not...

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