South Korea

South Korea

Policy

South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report

The committee will provide criteria for the listing of coins by exchanges, introduce investor protections and monitor unfair trading.

Seoul, South Korea (Shutterstock)

Markets

First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways

The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Layer 2

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."

(Yunha Lee/CoinDesk)

Policy

South Korean Authorities Look to More Closely Scrutinize Exchanges Following Terra Meltdown: Report

Around 280,000 South Koreans are believed to have been victims of the abrupt plunge in UST and LUNA.

South Korea

Policy

Korean Police Move to Freeze Luna Foundation Guard Assets: Report

Seoul police are seeking to ban the entity from withdrawing suspected embezzled funds.

The Terra logo inside the luxury club at Nationals Park. (Danny Nelson/CoinDesk)

Videos

DOGE Jumps on Twitter Deal; Australian Crypto ETFs Delay

Korean direct trading music platform registers NFT patent to prevent illegal copying. Dogecoin leaps after Elon Musk strikes $44 billion deal to buy Twitter. Launch of three crypto ETFs in Australia delayed. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Recent Videos

Finance

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.

Gyeongbokg palace in Seoul. (Image credit: Chan Young Lee/Unsplash)

Videos

Ukraine Legalizes Crypto; Korea’s Crypto Policy Ideas

Ukraine’s President Zelenskyy signs digital assets bill into law. China’s Canaan to buy back up to $100M shares to drive value. Korea’s digital asset experts set out ideas for shaping up crypto policies. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Recent Videos

Videos

Singapore’s Crypto Future; Korea 'White Day' NFTs a Hit

Singapore reinvents its “crypto hub” image. A discussion on Improving financial inclusion via tokenization. Competition heating up for Korea’s CU stores' White Day NFTs. Designer jewelry auction highlights both the practical and fun side to NFTs. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Recent Videos