Reserved IP Address°C
11-21-2024
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South Korea

South Korea tests digital vouchers, blockchain for item recovery
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13 November, 2024

South Korea tests digital vouchers, blockchain for item recovery

South Korea’s central bank is partnering with half a dozen local banks to enable seamless settlement of voucher payments with...
India mulls a digital asset ban, again
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7 November, 2024

India mulls a digital asset ban, again

In other news, in South Korea, the government is ramping up oversight over businesses that facilitate digital asset-based cross-border transfers...
Hong Kong to issue more VASP permits as South Korea tightens rules
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16 October, 2024

Hong Kong to issue more VASP permits as South Korea tightens rules

With a new license issued to HKVAX, Hong Kong’s licensed VASPs now rose to three, and the Securities and Futures...
More trouble for Worldcoin as OpenAI faces mass exodus
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3 October, 2024

More trouble for Worldcoin as OpenAI faces mass exodus

Worldcoin faces hurdles in South Korea due to violations tied to data collection, while OpenAI saw four of its executives...
East Asia receives $400B stablecoins, digital assets: report
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26 September, 2024

East Asia receives $400B stablecoins, digital assets: report

A September 17 report by Chainalysis revealed that Eastern Asia received over $400 billion in value in stablecoins and other...
South Korea imposes new supervisory fees on top exchanges
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10 August, 2024

South Korea imposes new supervisory fees on top exchanges

Upbit is expected to cough out the largest amount at nearly $103,000 in the Financial Services Commission’s new and unexpected...
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