seoul

Metaverse Week

Metaverse

Why Is South Korea Throwing Money at the Metaverse?

South Korea’s “Digital New Deal” is flooding the country’s tech industry with billions of dollars in grant money in the hopes of creating 2 million new jobs. This article is part of "Metaverse Week."

By Cheyenne Ligon

Sponsored

May 25, 2022 at 3:24 p.m. UTC

May 25, 2022

MetaverseMetaverse-WeekSouth KoreaSeoulRegulation

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Business

Seoul

S. Korea's SK Square to Launch Crypto Token by Year-End: Report

The crypto will be the first to be issued among the nation's top conglomerates.

By Eliza Gkritsi

Sponsored

Mar 24, 2022 at 1:53 p.m. UTC

Mar 24, 2022

SeoulSouth KoreaBusinessTokens

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Business

Court cases

7 Crypto Exchange Executives Handed Prison Sentences for $1.7B Fraud in South Korea: Report

The exchange's former CEO was sentenced to 22 years in prison.

By Eliza Gkritsi

Sponsored

Feb 11, 2022 at 2:02 p.m. UTC

Feb 11, 2022

Court CasesCourtSouth KoreaSeoulScamsFraud

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Policy

Regulation

South Korean Crypto Exchange Bithumb Will Block Unregistered Wallets

The exchange was reportedly pressured from its partner bank to change its mind.

By Eliza Gkritsi

Sponsored

Jan 25, 2022 at 12:12 p.m. UTC

Jan 25, 2022

RegulationSouth KoreaSeoulTravel RulePrivacy

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Business

South korea

S. Korean Lambda256 Closes $60M Series B at $300M Valuation

The Dunamu company offers BaaS to corporations.

By Eliza Gkritsi

Sponsored

Dec 16, 2021 at 7:40 a.m. UTC

Dec 16, 2021

South KoreaSeoulFunding RoundsFunding

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Policy

South korea

South Korea’s Hashed Under Tax Investigation

The investment firm announced $200 million in new funding last week.

By Eliza Gkritsi

Sponsored

Dec 7, 2021 at 8:21 a.m. UTC

Dec 7, 2021

South KoreaSeoulPolicyTaxTax EvasionCrime

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Policy

South korea

S. Korean Regulators Call for Criminal Punishments for Crypto Market Manipulation

The law is unlikely to go through Parliament this year.

By Eliza Gkritsi

Sponsored

Nov 25, 2021 at 5:48 a.m. UTC

Nov 25, 2021

South KoreaSeoulRegulationPolicyNFTsTax

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Policy

Nfts

S. Korean Regulator Says NFTs Are Not Virtual Assets: Report

Seoul will follow FATF guidance on the matter of NFTs and its regulation.

By Eliza Gkritsi

Sponsored

Nov 5, 2021 at 8:07 a.m. UTC

Nov 5, 2021

NFTsSouth KoreaSeoulRegulationFATFPolicy

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Policy

South korea

Hours Before South Korean Registration Deadline, Only 10 Exchanges Have Applied

Virtual asset service providers rush to file their documents before midnight tonight.

By Eliza Gkritsi

Sponsored

Sep 24, 2021 at 3:35 p.m. UTC

Sep 24, 2021

South KoreaSeoulRegulationUpbit

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Markets

South korea

The City of Seoul Will Create a Cryptocurrency for Citizen Rewards

The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November.

By Richard Meyer

Sponsored

Aug 6, 2019 at 7:00 p.m. UTC

Aug 6, 2019

South KoreaBlockchainNewsSeoul

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