11 hours ago · 3 min read
South Korean lawmaker suggests summoning Do Kwon to the national assembly
According to Yun Chang-hyeon, the delay in legislation has seen investors continue losing a lot of money, and bringing in Do Kwon would help introduce measures to protect investors.
Do Kwon fears for his safety following Terra (LUNA) implosion
An unknown person knocked on Do Kwon's front door asking for him, before fleeing the scene. Local police have opened an investigation.
ICOs are coming back following sweeping crypto reforms in South Korea
A new South Korean administration, in Yoon Suk-yeol's conservative People's Power Party, is wasting no time in bringing crypto reforms.
Terra teams up with LongHashX to offer Web3 startups up to $500,000 in funding
Terraform Labs and LongHash Ventures have joined forces to “accelerate and invest in the next generation of Web3 protocols on the Terra blockchain.”
Why crypto was so important to the recent Korean presidential election
The fiercely contested presidential campaign has been decided and today, crypto enthusiasts celebrate Yoon Suk-yeol's victory.
South Korea’s presidential candidates issue NFTs in latest bid to win votes
The two candidates are neck and neck in the race to become South Korea's next president and have been appealing to the crypto community to garner more support.
The Sandbox expands the metaverse of K-Pop with this key partnership
The Sandbox partners with Cube Entertainment to expand business in the metaverse with a K-culture complex created in LAND owned by Cube
Reactions against Russia continue: largest South Korean exchanges block Russian IP’s
Leading exchange platforms show differences in their response to Russian invasion of Ukraine. While Coinbase and Binance have refused to join the sanctions, five of South Korea's leading exchange platforms have banned Russian IP's.
The metaverse draws South Korea’s investment with $187 million pledge
South Korea’s interest in the metaverse would help its entertainment, media, and creative sectors to expand.
South Korea explores Metaverse plans, aims to become the 5th biggest metaverse market by 2026
South Korea on Thursday revealed its comparative five year plan to steer the global metaverse market race.
Samsung’s new smart TVs will let users trade NFTs
Electronics giant Samsung plans to integrate NFT features into its new MICRO LED, Neo QLED, and The Frame smart TVs.
South Korea pushes ambitious crypto tax to 2023
Authorities in South Korea have agreed to shift the date for the implementation of the crypto tax law to 2023.
NFTs will not be regulated in crypto-friendly Korea, the ministry confirms
South Korea will be following FATF's advice on NFT regulation-related matters.
South Korea will not tax NFT gains even as it moves to tax crypto income
South Korea is undecided on how it should tax gains made from NFTs
Korea’s 29 crypto exchanges now face regulatory scrutiny after meeting deadline
Out of the 66 crypto exchanges operating previously in Korea, only 29 of them met the authorities new regulations.
Just 10 Korean crypto exchanges have registered with the government ahead of deadline
Crypto exchanges operating in South Korea are running a race against time as their registration deadline approaches.
Korean Finance Minister vows crypto taxes starting 2022
The country's ruling party is fighting a battle with the Ministry of Finance over the implementation of a new crypto tax law.
42 altcoins face crisis as Korea set to close 75% of all its crypto exchanges
South Korean operators are facing mass shutdown as the September 24 deadline for foreign and local crypto exchanges to register with the authorities approaches.