Tag: Crypto
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.”...
CoinDesk “Hashed, Luna’s loss estimated at 4 trillion won”
CoinDesk reports that Hashed's Luna loss is estimated to be more than $3.5 billion (4.473 trillion won). Citing on-chain data, the media speculated that...
South Korea to establish crypto framework by 2024
The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time in his drive to maintain the country’s stature as a...
Luna’s CEO Kwon Do-hyung’s spouse requested ’emergency protection’
Police are investigating a report that an unknown person visited the home of Terraform Labs CEO Kwon Do-hyung and rang the doorbell. CEO Kwon's...
This South Korean Metaverse Giant Plans To Expand Into Europe
During a first-quarter call, South Korea’s largest telecom operator said it will introduce an open platform and crypto-economic system for Ifland. Moreover, the company...
Here’s How South Korea Is Preparing To Become Next Crypto Hub
South Korean President Elect Yoon has big plans for Crypto
The ICO approval is one out of the 110 tasks that the president’s administration is...
8 More Firms Designated as Conglomerates, incl. First Crypto Exchange Operator
South Korea's antitrust regulator has added eight firms, including the leading cryptocurrency exchange operator, to a list of 76 companies required to disclose information...
Korean Investors Own W7 Trillion Worth of Bitcoins
Korean investors own more than W7 trillion worth of Bitcoins (US$1=W1,244). According to data from cryptocurrency exchanges Upbit, Bithumb, Coinone and Korbit on Sunday,...
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Financial Supervisory Service Releases Handbook on Cryptocurrency Investment Scams
The Financial Supervisory Service (FSS) has taken proactive measures to prevent cryptocurrency investment scams. According to a recent press release, the FSS has revamped...
