Tag: DeFi
Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months
South Korea to Start Tracking Crypto Transactions in 1H
South Korea’s Ministry of Justice (MOJ) reportedly announced that it will adopt a cryptocurrency tracking system...
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,...
South Korea launches online metaverse replica of capital city Seoul to improve public services
Metaverse Seoul, which is a three-part project expected to be complete by 2026, will first aim to improve efficiency in public administration services....
SOUTH KOREA’S AUTHORITIES RAID BITHUMB EXCHANGE
The country’s tax inspectors visited the exchange’s headquarters in Seoul, as part of a push to increase taxation and compliance, the National Tax Service...
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence
Huobi Experiences Significant Withdrawals as Subsidiary Huobi Korea Looks to Go Independent
There has been much speculation and many rumors surrounding the cryptocurrency exchange Huobi...
Paycoin seeks reapproval after S.Korea suspends the payments token
Paycoin was developed under Danal Fintech Corp. and emerged as one of the most used payment tokens in South Korea since it launched...
Binance Nears Acquisition of Korean Crypto Exchange Gopax
Binance, leading cryptocurrency exchange, is making arrangements to finalize its acquisition of GOPAX, one of the top crypto exchanges in Korea, blockchain media platform...
South Korea keeps betting on the metaverse, ignoring the current clunky technology
South Korea’s government set the tone early in 2022 for the country’s interest in getting a lead in the so-called metaverse world, announcing in...
S.Korea discusses control over crypto listings after WEMIX delisting
Currently, cryptocurrency exchanges themselves are responsible for reviewing new token listings in South Korea, a process that regulators believe may increase risks and...
LATEST ARTICLES
Ruling and Opposition Parties Agree on Two-Year Delay for Virtual Asset...
The ruling and opposition parties in South Korea have agreed to postpone the taxation on virtual asset income by two years. With the Democratic...
