
South Korea
South Korea to ban credit card purchases of digital assets
The move is aimed at curbing illegal outflow of investment and money laundering as Koreans purchase digital assets on offshore...
Blockchain vs bedbugs: South Korean engineer uses tech to track infestation
As bedbug infestation reports soared in South Korea, an engineer launched an interactive map based on blockchain for citizens to...
Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS
Bank of Korea is collaborating with LG CNS to develop a CBDC system for tokenized deposits, utilizing LG CNS's expertise,...
Do Kwon’s extradition to US quashed by Montenegro court
The U.S. was in the lead in its race with South Korea for Do Kwon’s extradition, but an appellate court...
Bank of Korea governor urges banking regulators to introduce CBDCs
Bank of Korea Governor Rhee Chang-yong urges swift CBDC adoption to counter stablecoin risks, accelerating plans with launching 2024 retail...
South Korea’s notice for digital assets excludes NFTs, CBDCs
South Korea's Financial Services Commission mandates digital exchanges to offer interest on deposits from July 2024, excluding NFTs and CBDCs,...