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South Korea's Banking Association Cautions Against Growing Altcoin Influence
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South Korea's Banking Association Cautions Against Growing Altcoin Influence

The Korea Federation of Banks wants its members to keep track of altcoins that trade on crypto exchanges.

LG Electronics Expands Business in terms of Blockchain Technology & Crypto
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LG Electronics Expands Business in terms of Blockchain Technology & Crypto

As part of its expansion plan beyond home appliances, South Korean tech giant LG Electronics intends to add blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter.

S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs
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S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs

Hybe, one of S. Korea's top K-pop management agencies, is planning to expand its marketplace for NFTs by collaborating with celebrities not managed by the firm.

South Korean Political Parties Woo Voters with Crypto-Friendly Policies
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South Korean Political Parties Woo Voters with Crypto-Friendly Policies

South Korea's major political parties unveil crypto incentives, with the Democratic Party eyeing ETF liberalization and the People's Power Party proposing a tax delay on digital assets.

South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly
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South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly

According to Newsis on July 13, the People's Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital Market Act to the National Assembly within this month.

Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site
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Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site

Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.

South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”
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South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”

In order to revive cross-border travel and keep infection risks under control, the South Korean government seeks to issue blockchain-backed COVID-19 “vaccine passports” to immunized citizens.

South Korea Plans to Suspend Crypto Taxation Until 2023
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South Korea Plans to Suspend Crypto Taxation Until 2023

Crypto investors in South Korea might have a sigh of relief because the government intends to delay imposing crypto taxation until 2023.

South Korea Cracks Down on Cryptocurrency, Credit Card Purchases Banned
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South Korea Cracks Down on Cryptocurrency, Credit Card Purchases Banned

South Korea intensifies crypto regulations in 2023, targeting illicit flows and tightening credit card use for crypto purchases.

South Korea's Crypto Protection Law Advances in Assembly
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South Korea's Crypto Protection Law Advances in Assembly

In a landmark move for South Korea's cryptocurrency sector, the Cryptocurrency User Protection Act (also known as the Cryptocurrency Investor Protection Law) has successfully passed through the Legal Affairs Committee, marking a momentous milestone in the legislative process for digital assets.

Binance CEO reportedly made a secret visit to South Korea
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Binance CEO reportedly made a secret visit to South Korea

Binance CEO Richard Teng reportedly made a secret visit to South Korea to negotiate with financial authorities regarding the "Gopax" issue. The details and outcome of the negotiations are currently unknown.

South Korea Seeks Tech Partner to Build the Pilot Program for CBDC
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South Korea Seeks Tech Partner to Build the Pilot Program for CBDC

South Korea's central bank on Monday said it would choose a technology supplier to build a pilot platform for a digital currency, moving a step closer to creating a central bank-backed digital currency.

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