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South Korea’s Klaytn Announces Its Partnership with DeFi Protocol 1inch

Klaytn, one of the most-popular metaverse blockchain platforms from South Korea, recently announced its partnership with decentralized finance (DeFi) protocol 1inch. With this partnership,...

People Flock to South Korean Crypto Event Despite Market Turmoil

Korea Blockchain Week opened this weekend with more than 7,000 people registered to attend and over 120 speakers on the lineup. According to the...

‘For The Dog’, A Project Receiving Love Calls from Overseas Venture Capitalists

Recently, Silicon Valley-based TheVault signed a partnership with 'For The Dog Team', a pet-related metaverse company led by a Korean team. Regarding the background of...

FTX Reportedly in Talks to Buy South Korean Exchange Bithumb

Sam Bankman-Fried’s FTX is looking to buy South Korean crypto exchange Bithumb, according to Bloomberg. Acquisition talks have been ongoing for several months, a person...

Authorities raid South Korean crypto exchanges in Terraform Labs probe

In the most recent development, a team of investigators from the Seoul Southern District Prosecutors Office raided several local cryptocurrency exchanges, including Upbit, on...

South Korean Court Exonerates Bitcoiner Who Received BTC 200 by Mistake

The court heard that in June 2018, A received a deposit of BTC 199.999 from another individual (named by the court as “B”). B...

South Korea to scale back stock capital gains tax, delay crypto tax

South Korea plans to cut the threshold for stock capital gains tax to individuals holding publicly traded shares worth 10 billion won or more from the...

South Korea is betting on the metaverse

South Korea’s investment of around $177.1 million is among the first investments in the nascent industry to be made by a national government...

Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse

Korean Government’s Meeting With Cryptocurrency Exchanges The South Korean government is shifting responsibility for the crash of cryptocurrency terra (LUNA) and algorithmic stablecoin terrausd (UST)...

South Korea plans to make licensing digital currency industry stricter

Korea Financial Day by day (KED) got an exclusive look on the FSC report titled “The Comparative Evaluation of the Digital Property Trade Act.”...

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