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Why NFT adoption is so high in South Korea
29.3.2022
The far eastern nation may again soon be at the forefront of the blockchain industry as its people are adopting NFT use at a tremendous rate
Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year
28.3.2022
Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of...
TooNFT Looks to Revolutionise the Webtoon Industry via Next-Generation Blockchain Platform
27.3.2022
PRESS RELEASE. Given the rapid evolution associated with technological advancements and new developments regarding Web3 and dApps, TooNFT has decided to launch the decentralised webtoon platform in conjunction with Toomics, which happens to be one of the largest webtoon platforms in South Korea...
LG Electronics adds blockchain and crypto as new areas of business
25.3.2022
South Korean tech giant LG Electronics has officially updated its business development goals to include cryptocurrency and blockchain-based software
This Is Why Telecoms Giant SK Aims to Launch a Cryptoasset ‘in 2022’
24.3.2022
SK Square, an offshoot of one of South Korea’s biggest chaebol conglomerates has announced plans to launch a cryptoasset before the year is out – and intends to link it to a whole host of the conglomerate’s business platforms....
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S Korean Market Regulator Wants to Label Upbit, Bithumb ‘Large Conglomerates’
23.3.2022
South Korea’s biggest crypto exchanges are set to be regulated by the nation’s conglomerates regulator – a sign they have grown from relative obscurity into mega-companies in the space of just a few years. But the regulatory move would also ramp up scrutiny on what is already a heavily policed...
Cross-Border CBDC Payments Are 'Viable,' Says Report From Central Banks of Australia, Malaysia, Singapore and South Africa
22.3.2022
The tool to enable paying using different assets, tested by Australia, South Africa, Singapore and Malaysia, is the latest foray into trialling the applications of central bank digital currencies
Largest Crypto Expo in South East Asia
22.3.2022
The BIG PROMOTIONAL CRYPTO EXPO is being held for the first time blockchain technology will be introduced to the world at the same level in THAILAND. Take your opportunity to the most prominent Expo titled as Crypto Expo Thailand 2022 to be held in Thailand on 12th – 15th May 2022 The Expo...
Crypto users in Africa grew by 2,500% in 2021: report
21.3.2022
A recent report by KuCoin reveals that the number of crypto transactions has increased by 2,670% in some African countries
DAO Snaps up South Korean Cultural Treasure that Dates Back to Antiquity
17.3.2022
A decentralized autonomous organization (DAO) has bought a South Korean national treasure – in what represents a remarkable first for the nation’s culture and crypto sectors.
ChannelA reported that the national treasure – a miniature gilt-bronze shrine that accompanies another piece – had been...
Run-DMC's McDaniels at SXSW: Blockchain can take the power back for artists
17.3.2022
“The creator is where the power begins, and that’s where the power should stay", states Run-D.M.C’s Darryl McDaniels
Instagram Is Working on Bringing NFTs to the Platform in the ‘Near Term,’ Says Meta CEO Mark Zuckerberg
16.3.2022
In December 2021, the CEO of Instagram, Adam Mosseri, discussed how the firm was looking into non-fungible token (NFT) technology during an ask-me-anything (AMA) session. Three months later, at the South by Southwest (SXSW) event in Texas, Meta’s CEO Mark Zuckerberg explained Instagram plans...
South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success
16.3.2022
South Korean video game giants want to carve out a slice of the increasingly lucrative play-to-earn (P2E) crypto gaming pie – with heavyweight Neowiz set to drop a new crypto golf gaming title....
Read More: South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success
Here’s how Asian countries deal with crypto sanctions against Russia
14.3.2022
Global regulators continue asking crypto exchanges to comply with sanctions against Russia as the country itself has no legal crypto trading platforms
Law Decoded: Joe Biden’s executive order is finally upon us, and it doesn’t look too dreadful, March 7–14.
14.3.2022
The long-anticipated presidential directive drops, EU votes on PoW ban, South Korea gets a pro-crypto president
First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
13.3.2022
Both candidates made crypto an important issue to attract younger voters. It's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red
South Korea’s Next President Might Create Parity for Crypto and Stock Market Traders
12.3.2022
South Korean media expect the nation’s President-Elect to up the crypto tax limit to impose uniformity with stock market traders – and venture into the unknown with pro-crypto policies. However, this is likely to result in more regulation rather than a laissez-faire approach....
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South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry
11.3.2022
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must...
ICON’s ICX Rockets 70% as Crypto-Friendly Candidate Wins South Korean Presidential Election
10.3.2022
The South Korean crypto project saw an unusual bounce on Thursday morning as Yoon Suk-yeol won the presidential election
How South Korea’s Next President Might Change Crypto, Economy & Politics in East Asia
10.3.2022
The main opposition People’s Power Party candidate Yoon Suk-yeol has won the race to become South Korea’s next President. Crypto policy was a key battleground in his victory – by less than a single percentage point – over his centrist rival from the ruling Democratic Party.
Here’s how crypto...