Tag: Korean
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 $46 million investment round to back Korea-based blockchain gaming operator Wemade. The round, which...
Binance will re-enter South Korea’s crypto market, CZ says
Zhao said that Binance is preparing to register under South Korean financial authorities by complying with local regulations, South Korean news agency News1...
Project in BWB2022] Blockchain Donation Project for a Better World “CZ Twitter Inu”
CZ Twitter Inu is a BSC charity project that is helping real world people. They are donating directly to people in need and helping...
Binance says will help Busan city grow blockchain industry from bottom up
Binance has pledged to help South Korea’s Busan city become a blockchain technology hub for Asia by educating the city on the technology.
For the...
S.Korea finance regulator crypto can be subject to capital markets law
Financial Supervisory Service Governor Lee Bok-hyeon acknowledged that prosecutors helped classify TerraLuna tokens as securities, but disagreed with the idea that cryptocurrencies cannot be...
Monitoring Crypto Whales: Korean Regulators With New Legislation
South Korea’s top monetary regulator – the Financial Service Commission (FSC) – thinks cryptocurrencies and stablecoins could facilitate money-laundering activities.
As such, it will reportedly...
South Korea’s MIR4 maker Wemade launches stablecoin
Wemade issued 11 million WEMIX$ 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...
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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...
