GameFi and crypto ‘natural fit’ for game publishers: KBW 2022
Korean experts believe that crypto would play a major role in the gaming ecosystem, and within the next 3 years, the majority of games might have an in-game crypto economy.
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Axie Infinity looking to ‘double-down’ on Korean market: KBW
Sky Mavis co-founder and growth lead Jeffrey Zirlin says Axie Infinity wants to double down in South Korea, which they see as one of the most important gaming markets in…
CryptoCom Secures a Regulatory Approval in South Korea
CryptoCom – received Electronic Financial Transaction Act and Virtual Asset Service Provider registration from the South Korean regulators after acquiring the payment service provider – PnLink Co. – and the…
DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022
1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption
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…
South Korean Authorities Issued a Notice Upon Arrival to Do Kwon (Report)
The South Korean Ministry of Justice reportedly approved the prosecutors’ request that the notorious Co-Founder of Terraform Labs – Do Kwon – be ordered to notify authorities when he returns…
The lasting agony of 3AC: Law Decoded, July 18-25
A crypto hedge fund co-founders acknowledge their mistakes, driven by bull market overconfidence.
Terraform Labs Co-Founder Residence Raided by South Korean Authorities (Report)
As part of the broader investigation of fraud, South Korean prosecutors have raided the house of Terraform Labs’ co-founder, Daniel Shin. Bloomberg confirmed a series of raids conducted by the…
South Korea Proposes to Defer Planned Crypto Tax Until 2025
In a tax reform introduced on Thursday, the South Korean government proposed to postpone the planned 20% tax on crypto earnings for two years. If accepted, crypto earnings in South…
Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade
The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets.
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