Tag: Crypto
FINANCIAL REGULATORY INNOVATION COMMITTEE DISCUSSES MEASURES TO ALLOW THE ISSUANCE OF STO
SUMMARY OF REMARKS BY FSC CHAIRMAN KIM JOO-HYUN
The measures to establish a regulatory system on the offering and
distribution of security tokens, intends to (a)...
Neowiz Holdings— the creator of Intella X, establishes blockchain entity in UAE
South-Korean gaming giant Neowiz Holdings has announced its ambition to reach a wider audience by creating a blockchain enterprise in the United Arab Emirates,...
Busan Courts Multiple Suitors
Demonstrating once again its dream of becoming the premier crypto haven of East Asia, the city of Busan just announced a new partnership with...
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...
GoChapaa Application Aims for African Adoption of Crypto
On May 27, Sukuma Ventures rolled out a preliminary version of its GoChapaa mobile app, an ambitious project designed to bring functional, everyday cryptocurrency...
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)...
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Crypto Pledges from Presidential Candidates: Regulation vs. Growth
With the June 3rd presidential snap election fast approaching, major South Korean candidates are fiercely unveiling crypto-related pledges aimed at winning over the country's...
