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South Korean University to Present NFT Certificates for Graduates

South Korean University to Present NFT Certificates for Graduates

Sungkyunkwan University (SKKU), a top private university in Suwon, South Korea, seeks to present NFT certificates to three excellent graduates at the graduation ceremony.

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.

South Korea's Banking Association Cautions Against Growing Altcoin Influence

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

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

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

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

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.

South Korea to Introduce 10%-50% Gift Tax on Crypto Airdrops

South Korea to Introduce 10%-50% Gift Tax on Crypto Airdrops

Users who receive crypto airdrops in South Korea could be taxed at 10%-50%. The virtual asset gains tax will start taking effect in 2025.

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

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”

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

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.

Court Upholds OFAC's Designation of Tornado Cash Under IEEPA

Court Upholds OFAC's Designation of Tornado Cash Under IEEPA

The US District Court upheld the OFAC's designation of Tornado Cash under the IEEPA, rejecting plaintiffs' claims of overreach and First Amendment violations, highlighting legal challenges for privacy-oriented blockchain entities.

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