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Korean Exchange Bithumb to Sponsor FC Seoul, One of the Country’s Leading Soccer Clubs

Bithumb, one of the largest cryptocurrency exchanges in Korea by trading volume, has signed a sponsorship deal with FC Seoul. This initiative, which marks the exchange’s eighth project aimed at…

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Ripple CEO: Japan’s Leaders Committed to Advancing Crypto and Blockchain Technology

Ripple CEO Brad Garlinghouse discussed Japan’s potential in blockchain technology with Japanese lawmaker Taira Masaaki during XRP Community Day. Garlinghouse praised Japan’s commitment to advancing crypto, highlighting the country’s “clear…

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Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets

South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will…

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Seoul Sanctions North Korea Over Crypto Theft

South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in…

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Renault Inks Partnership With The Sandbox to Bring Automotive Experiences to the Metaverse

The Korean subsidiary of Renault, a historic brand in the automotive industry, is establishing a partnership with The Sandbox, an Ethereum-based metaverse platform, to enter the metaverse space. With this…

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Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies

South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting…

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