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FTX failure hits an already crypto-weary Korea

The bankruptcy of FTX has hit Korea as Korean investors suffer losses and other cryptocurrencies fall in sympathy with FTX's FTT coin. It is...

Korea’s PayProtocal to burn half of native digital coin PCI amid FTX crisis

PayProtocal will send its holding of 2.04 billion PCIs to a burn address to remove them from circulation over four transactions, said Danal, its...

Blockchain: South Korea’s blockchain firm launches the world’s first decentralized instant messenger

South Korea’s Blockchain Labs, which develops blockchain and cryptocurrency projects, has launched the very first decentralized instant messenger in the world called the “Block...

South Korea’s online KakaoBank to open accounts for Coinone exchange users this month

“ is in talks to provide verified real-name deposit and withdrawal account service to Coinone customers in November in order to provide stability...

Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round

Microsoft Backs Korea-Based Gaming Company Wemade Microsoft has participated in a $46 million investment round to back Korea-based blockchain gaming operator Wemade. The round, which...

Binance will re-enter South Korea’s crypto market, CZ says

Zhao said that Binance is preparing to register under South Korean financial authorities by complying with local regulations, South Korean news agency News1...

Project in BWB2022] Blockchain Donation Project for a Better World “CZ Twitter Inu”

CZ Twitter Inu is a BSC charity project that is helping real world people. They are donating directly to people in need and helping...

Binance says will help Busan city grow blockchain industry from bottom up

Binance has pledged to help South Korea’s Busan city become a blockchain technology hub for Asia by educating the city on the technology. For the...

S.Korea finance regulator crypto can be subject to capital markets law

Financial Supervisory Service Governor Lee Bok-hyeon acknowledged that prosecutors helped classify TerraLuna tokens as securities, but disagreed with the idea that cryptocurrencies cannot be...

Monitoring Crypto Whales: Korean Regulators With New Legislation

South Korea’s top monetary regulator – the Financial Service Commission (FSC) – thinks cryptocurrencies and stablecoins could facilitate money-laundering activities. As such, it will reportedly...

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