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Korea Blockchain Week 2025 Highlights Digital Growth and Market Opportunities
Korea Blockchain Week 2025 spotlighted Korea's thriving digital economy, with significant developments in cryptocurrency trading and cultural engagement, offering unique market opportunities.
Korea's Gaming Giants Double Down on NFTs: Can Seoul Lead Web3 Gaming?
South Korea's gaming giants are embracing NFTs and Web3, positioning Seoul as a potential leader in decentralized gaming despite regulatory challenges.
Sui and t'order Revolutionize KRW Stablecoin Payments in Korea
Sui partners with t'order to launch next-gen KRW stablecoin payments in Korea, integrating advanced tech for seamless transactions, enhancing small business operations.
Ripple (XRP) Launches Fund to Boost Innovation on XRP Ledger in Japan and Korea
Ripple (XRP) introduces XRPL Japan and Korea Fund to support blockchain innovation and community growth.
Bithumb Designates Velo Protocol's VELO as Investment Cautionary Cryptocurrency
Bithumb designates Velo Protocol's VELO a cautionary cryptocurrency over transparency concerns, halting deposits starting 2/22. Bithumb to reevaluate status in March.
South Korea seizes $104M from Terra's co-founder on unjust earnings.
South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder Shin Hyun-seong based on suspicion of unfair profits. The decision to freeze Shin's asset worth over $104 million was approved by the Seoul Southern District Court. The claim related to Shin's involvement in selling pre-issued Terra tokens to unwary investors.
Bank of Korea Completes 2nd Phase of CBDC Simulation Test
The Bank of Korea said that it has completed a 10-month CBDC simulation experiment research work on the 10-month central bank digital currency.
South Korean Regulators to Harden Punishments for Crypto Fraud Practices
South Korean legislature is mulling plans to tighten its grip on crypto fraud practices
South Korean Movie Industry Embraces NFTs by Offering Merchandise and Collectible Tickets
To attract more viewers, the Korean movie industry has gone a notch higher by incorporating non-fungible tokens (NFTs) as a marketing tool.
Crypto.com Appoints Former Visa Country Manager Patrick Yoon in Charge of South Korea Operations
Cryptocurrency exchange Crypto.com appointed Patrick Yoon, former Visa country manager, as the general manager of the South Korea region to be in charge of the market in South Korea and Mongolia.