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Ruling South Korean Party Makes Pro-Crypto Policy U-Turn


The head of the ruling Democratic Party in South Korea has promised to make a dramatic U-turn on crypto policy, claiming that “the time has come” for the government to stop regulating crypto and start “fostering” the industry.... Read More: Ruling South Korean Party Makes Pro-Crypto Policy U-Turn

Play-to-Earn Games Offer Alternative for Unbanked in South East Asia


Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia...

South Korea embraces the proto-Metaverse


South Koreas will be immersed in the Metaverse sooner than later, as industries and public services begin rolling out virtual avatars and applications across the country

South African Fintech Raises $120 Million in Funding Round Led by Fidelity


A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also...

Business Giant Hankook Readies Crypto, NFT Move


Hankook Technology, a South Korean conglomerate and part of the business group that comprises one of the world’s largest tiremakers (Hankook Tire & Technology), has announced that it is branching out into crypto and non-fungible tokens (NFTs).... Read More: Business Giant Hankook Readies Crypto...

Seoul to Launch ‘Metaverse’ Public Service Platform in 2022


Seoul says that it will become the first local government in South Korea to launch a metaverse public service platform. The initiative is the brainchild of the Seoul Metropolitan Government, which will launch a metaverse platform as part of its attempts to create a “contactless communication...

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