South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users
The rules are scheduled to take affect on July 19 next year.
South Korea
South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report
The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers.
South Korea’s Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report
The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.
South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research
Koreans trade differently to the rest of the world, market data shows.
Digital Arm of Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund.
South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity
Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.
Why Asia Is A Tactic Not A strategy
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Crypto Exchange Coinone’s Former Exec Acknowledges Bribery Charges in South Korea: Report
A lawyer for the accused reportedly said he admits “the facts of the prosecution,” during a May 25 trial hearing.
South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report
Lawmakers recently called for the Bill to take effect within two months.
South Korea’s Ruling Party Calls to Expedite Bill on Lawmakers’ Crypto Disclosures: Report
The leader of South Korea’s ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.