The virus killer: How blockchain contributes to the fight against COVID-19
Blockchain-powered solutions have been on the front line of the battle against the virus, yet their potential has been underutilized.
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Kpop NFTs: Binance and YG partnership will prioritize sustainability
The two companies said that creating eco-friendly NFTs will be one of the primary concerns for future collabs.
Bank of Korea completes first phase of digital currency pilot
The second phase of the CBDC mock testing is expected to complete by June this year
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated…
Presidential Candidate in South Korea to Raise Funds in Cryptocurrency, Issue NFTs
Lee Jae-myung, nominated by the ruling party in South Korea for the upcoming presidential elections this spring, is preparing to raise funds in cryptocurrencies and issue non-fungible tokens for supporters.…
Coinone will stop withdrawals to unverified external wallets
The exchange plans to verify users’ names and resident registration details to ensure crypto transactions were “not used for illegal activities such as money laundering.”
Upbit crypto exchange’s blockchain sister firm raises $60M
Upbit operator Dunamu plans to expand its joint NFT venture with South Korean entertainment firm HYBE.
It’s Time for South Korea to Embrace Cryptocurrencies, Says KRX Chief
At the stage of the 2021 Global ETP Conference, Sohn Byung-doo stated that the digital asset industry is not very different from capital markets. The exec emphasized the need for…
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks…
SK Square Becomes Second-Largest Shareholder of Crypto Exchange Korbit (Report)
The investment company – SK Square – has reportedly invested 90 billion won ($75.5 million) to acquire a 35% stake at the digital asset exchange Korbit. By doing so, it…