Tag: DeFi
South Korea’s MIR4 maker Wemade launches stablecoin
Wemade issued 11 million WEMIX$ tokens on Saturday. The new stablecoin will be pegged to and backed completely by Circle’s USD Coin (USDC), according...
South Korea Aims to Boost Economy With Digital ID on Blockchain
South Korea plans to offer a digital identity secured by blockchain to citizens with a smartphone as it taps into the world’s most tech-savvy...
Bithumb Mobile Wallet Subsidiary ‘Rotonda’ Raises KRW 5 Bn Foreign Investors
Cryptocurrency exchange Bithumb announced on September 26th that its Web3 Wallet subsidiary 'Rotonda' successfully raised KRW 5 Bn through a consortium of Global strategic...
S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra’s Do Kwon
Authorities in South Korea have requested crypto exchanges OKX and KuCoin to freeze some 3,313 bitcoin (BTC), worth around $67 million, tied to Terraform...
Huobi becomes third global exchange to sign with S.Korea’s Busan city
The agreement entails Huobi providing technical and infrastructure support for building the city-backed crypto exchange and bringing more than 1,500 blockchain tech professionals into...
Arrest Warrant for Kwon Do-hyung of ‘Tera’
An arrest warrant has been issued to CEO Kwon Do-hyeong, co-founder of Terraform Labs, developer of the cryptocurrencies Terra and Luna. Since CEO Kwon...
South Korea To Establish A Separate Market For Security Tokens To Formalize Products
South Korea continues its notable journey regarding blockchain developments and legislation in an attempt to provide the crypto community with a transparent digital ecosystem....
THE 3RD ANNUAL TADS AWARDS NOW OPEN FOR NOMINATIONS WITH NEW NFT AWARD CATEGORY
TADS Awards is the world’s first annual international awards for the Tokenized Assets and Digitized Securities (“TADS”) sectors. Nominations for TADS Awards can be...
Launched ‘For The Dog’, a lifestyle blockchain platform for 14 million pet families
The development presentation of ‘For The Dog’ (hereinafter referred to as FTD), a big data-based service platform for companion animals for Petfam (Pet +...
South Korea’s taxman keeps circling crypto – airdrops look to be the next target
South Korea’s 5 million cryptocurrency investors were up in arms last year when the government considered slapping a 20% tax on crypto profits, until...
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...
