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South Korea

South Korea investing $7 billion in AI to stay ahead of the curve
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12 April, 2024

South Korea investing $7 billion in AI to stay ahead of the curve

South Korean President Yoon Suk Yeol has confirmed the country’s intention to invest $6.9 billion in supporting the local AI...
South Korea eyes blockchain tech to streamline job application process
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10 April, 2024

South Korea eyes blockchain tech to streamline job application process

South Korea's plan to introduce digital skills will span five years and is geared toward deepening the talent pool and...
South Korea ramps up AI investment for public services
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6 April, 2024

South Korea ramps up AI investment for public services

South Korea is setting up for a massive transformation, allocating a $526 million fund to integrate AI into critical industries,...
US to challenge extradition of Do Kwon to South Korea
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11 March, 2024

US to challenge extradition of Do Kwon to South Korea

The U.S. DOJ said it would continue to seek the extradition of Do Kwon to the United States, fearing that...
South Korea’s ruling party to push digital asset taxes to 2027 in election pledge
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22 February, 2024

South Korea’s ruling party to push digital asset taxes to 2027 in election pledge

The People Power Party is luring voters with promises to defer the upcoming taxes by another two years to 2027...
South Korea to ban unfit exchanges as it ramps up digital asset scrutiny
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18 February, 2024

South Korea to ban unfit exchanges as it ramps up digital asset scrutiny

A three-year license issued to virtual asset service providers (VASPs) in 2021 expires this year, and they have to renew...
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