South Korea

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
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9 December, 2022

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion

Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
South Korean energy giant sets up $84 million fund to spur metaverse adoption
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8 December, 2022

South Korean energy giant sets up $84 million fund to spur metaverse adoption

In support of the government's strategic plan, Daesung Group set up a fund focusing on blockchain, AI, and extended reality...
South Korea’s Science Ministry unveils metaverse strategy, ethical principles for industry operators
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6 December, 2022

South Korea’s Science Ministry unveils metaverse strategy, ethical principles for industry operators

South Korea doubled down on its metaverse strategy, with the Science and ICT Ministry releasing a strategic guide that would...
South Korea: Arrest warrant for former Terraform Labs employees dismissed
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5 December, 2022

South Korea: Arrest warrant for former Terraform Labs employees dismissed

A court in South Korea dismissed the arrest warrants against former Terraform Labs workers, comprising four engineers and three early-stage...
Terra co-founder Daniel Shin faces fresh fraud charges
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1 December, 2022

Terra co-founder Daniel Shin faces fresh fraud charges

Daniel Shin allegedly ignored warnings from the Financial Supervisory Service and continued telling investors that Terra's stablecoin would debut on...
South Korea seeks improved digital economy with blockchain-based online voting
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30 November, 2022

South Korea seeks improved digital economy with blockchain-based online voting

Experimenting since 2013, South Korea is looking to see its plans to establish a blockchain-based online voting system comes to...
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