Monday, June 27, 2022
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South Korea

Terraform Labs personnel are prohibited from leaving South Korea

The government of South Korea has prohibited current and former Terraform Labs (TFL) workers from leaving the country. TFL is the primary...

South Korea intends to tighten regulations in the digital currency sector

The extent of upcoming rules in South Korea for digital currencies is becoming evident. The South Korean Parliament is now considering the...

South Korean Regulators to Speed Up Enactment Of Crypto Laws After Luna Incident

With the collapse of Terra’s LUNA and UST stablecoin sending shockwaves across the global virtual currency market, Korean financial authorities have vowed...

South Korea will spend $187 million to create a national metaverse ecosystem

By investing in a national metaverse ecosystem, South Korea hopes to gain an advantage over its worldwide competitors in metaverse development. The...

South Korea Is Optimistic About Becoming A Metaverse Powerhouse

South Korea has unveiled a five-year strategy to propel the country to the forefront of the global metaverse race. South Korea has...

The initial crypto-trust firm receives a security certificate from South Korea

If a firm wants to flourish in the digital currency sector’s present legal climate, it must focus on regulation and compliance. To...

South Korea: Crypto-bank decries lack of ‘clear authoritative interpretation’

The Special Provisions Act is set to come into effect from 25 September in South Korea and this has left many exchanges...

GME Remittance Joins RippleNet to Accelerate and Scale Payments from South Korea into Thailand

Today, we’re excited to announce that Global Money Express Co. Ltd (GME Remittance), one of the largest non-bank remittance service providers in...

South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes

Korean Government Wants Ability to Seize and Sell Cryptocurrencies of Delinquent Taxpayers South Korea’s finance ministry announced the...

Unlicensed digital currency exchanges will be penalized in South Korea

The South Korean government previously said that digital currency exchanges that do not file with the nation's authorities by September 24 would...

Latest news

A meeting on financial blockchain applications is held at Ton Duc Thang University

According to Le Long Giang, director of the Vietnam Financial Advisers Association (VFCA), blockchain is now the world's second most powerful technology....

From Ripple to LBRY: SEC has this to say about Defendants’ and their motion(s)

The SEC v. Ripple case continues to see new developments every week. However, a lesser-known case might just provide some clarity first – The...

Axie Infinity to reimburse Ronin bridge victims and reopen the bridge

Owners of Axie Infinity (Sky Mavis) have announced a compensation plan for the Ronin bridge hack victims. Sky Mavis also stated that it would...

Brad Garlinghouse Reckons Ripple Will Expand Out Of The U.S. If Company Loses XRP v. SEC Lawsuit

According to CEO Brad Garlinghouse, Ripple, based in San Francisco, is ready to move overseas if it loses the regulatory court battle...

Cardano [ADA] forms a triangle pattern- Assessing if gains can be attained

Bitcoin has ground its way higher on the charts in the past two days. Cardano has followed in the footsteps of BTC,...
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