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South Korea

Bank of Korea taps Samsung to spearhead offline CBDC research
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19 May, 2023

Bank of Korea taps Samsung to spearhead offline CBDC research

The partnership between Samsung and the Bank of Korea entails experimenting with offline payment functionality for CBDC, including studying the...
LG’s patent for NFT-trading TV comes to light 18 months after filing
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18 May, 2023

LG’s patent for NFT-trading TV comes to light 18 months after filing

LG is taking smart TV to the next level with its recent patent application that would allow users to access...
Terraform Labs co-founder Daniel Shin to stand trial on May 26
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17 May, 2023

Terraform Labs co-founder Daniel Shin to stand trial on May 26

Daniel Shin assembles over 30 lawyers as he prepares to stand trial on May 26, attempting to quash charges linked...
South Korean prosecutors seize $176M belonging to Terraform Labs founder
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16 May, 2023

South Korean prosecutors seize $176M belonging to Terraform Labs founder

The $176 million assets linked to Do Kwon that were seized by South Korean authorities include a posh office complex,...
South Korea: Lawmaker faces criticism over digital currency holdings, disobeying travel rule
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12 May, 2023

South Korea: Lawmaker faces criticism over digital currency holdings, disobeying travel rule

Kim Nam-kuk, an opposition member of the South Korean National Assembly, is under investigation in connection with allegedly liquidating KRW...
Terra’s Do Kwon stands to face longest jail term over financial crime, South Korea says in extradition fight
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10 May, 2023

Terra’s Do Kwon stands to face longest jail term over financial crime, South Korea says in extradition fight

South Korea is in an extradition battle with the United States for Do Kwon, who is currently facing passport forgery...
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