On December 13, Australia signed a A$1 billion ($716.5 million) defense deal with South Korea, boosting the nation’s efforts to grow its military exports. South Korean defense firm Hanwha Corp ...
South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a new Proof of Concept (PoC) functionality designed to conduct international remittances using stablecoins on the Hedera mainnet. In a ...
Korean legislators now plan to impose taxes on nonfungible tokens NFTs after classifying them as virtual assets. The South Korean Financial Services Commission (FSC) announced on November 23 that NFTs ...
The antitrust regulator in South Korea said that Google’s terms with the device makers on using its operating system were designed to restrict competition. For now, Google’s operating system powers ...
News has emerged that the Blockchain Service Network of China (BSN) has officially authorized MetaverseSociety, a Korean blockchain firm, to operate outside the market jurisdiction of the Republic of China. ...
Singapore is allegedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klaytn. Kakao now wants to keep up with the enterprise blockchain competition in ...
The Bank of Korea’s central bank digital currency (CBDC) project started at the end of July 2021 and has been gaining traction ever since. According to an official report by ...
All international and overseas activity outside South Korea that has domestic effects or impacts will be subjected to the amended cryptocurrency regulation. Due to anonymity or pseudonymity, digital assets are ...
South Korea is currently examining ways of expanding its tax base, with proposals to strengthen the government's capability of seizing tax evaders’ cryptocurrency assets directly from their wallets. The country’s ...
A major South Korean cryptocurrency exchange, Bithumb, has confirmed that it is moving forward with trading limitations for its employees. The exchange has banned its staff from trading on its ...
