South Korea
First Mover Asia: Bitcoin Tests $25K Before Retreating; S. Korea Play-to-Earn Ban Unlikely to End Soon
The South Korean government has yet to show any sign of wanting to change current laws, said attendees at Korea Blockchain Week; ether falls.
South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report
Authorities are investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments, according to a local media outlet.
South Korea's Financial Watchdog to Expedite New Crypto Rules: Report
Thirteen bills related to virtual assets are waiting to be debated in Parliament, the chairman of the Financial Services Commission said.
EU Official Says Europe’s MiCA Bill Would Prevent Collapses Like Terra's
Peter Kerstens said the rules would require stablecoins to be fully collateralized and redeemable upon request.
South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover
The Naver-owned social network worked with Jump Crypto to build ZepetoX on the Solana blockchain.
At ETHSeoul, Ethereum Developers Turn Attention to Privacy and Users
Real-life use cases, privacy and making blockchain applications more accessible for retail users dominated the conversations at Ethereum’s developer event.
Korean Blockchain Project Klaytn Commits $20M to Blockchain Research
The funding program will support research led by two of Asia’s most highly ranked technology schools.
Crypto.com Receives South Korean Regulatory Licenses After Buying Local Firms
The firm did not publicly disclose the deal size.
FTX in Talks to Buy South Korean Crypto Exchange Bithumb: Report
Bithumb’s parent company is considering either an outright sale or a joint ownership.
South Korean Prosecutors Raid Terra Co-Founder Daniel Shin's Home: Report
The authorities are continuing their investigation into fraud allegations at the center of the Terra collapse.
