South Korea

SK Telecom ends metaverse offering; Meta launches AI model
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26 December, 2024

SK Telecom ends metaverse offering; Meta launches AI model

South Korea's SK Telecom will end its metaverse platform ifland and focus on AI instead; meanwhile, Meta released "Meta Motivo"...
HK fast-tracks digital assets licensing; S. Korea delays regulation
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20 December, 2024

HK fast-tracks digital assets licensing; S. Korea delays regulation

Hong Kong's Legislative Council verifies the Financial Services and the Treasury strategy toward digital currencies, while South Korea's martial law...
2024: Year in regulation for digital assets
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18 December, 2024

2024: Year in regulation for digital assets

In 2024, key trends in the blockchain space include global authorities focusing on regulating stablecoins, block reward mining, and enforcing...
South Korea agrees to another 2-year ‘crypto’ tax delay
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4 December, 2024

South Korea agrees to another 2-year ‘crypto’ tax delay

The opposition Democratic Party had pledged to fight any further delays by the ruling People Power Party but has now...
South Korea’s major parties clash over 20% digital asset tax
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29 November, 2024

South Korea’s major parties clash over 20% digital asset tax

The ruling People Power Party wants to postpone the 20% tax—scheduled to take effect in January 2025—to 2028, while the...
Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters
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25 November, 2024

Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters

Nepal struggles to contain the rising number of fraud cases involving the digital asset class; elsewhere, South Korea's Paju City...
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