Tag: DeFi
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...
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...
