Leading South Korean carrier SK Telecom has developed the first nationwide Internet of Things network to make the country even more connected.
The South Korean government is about to roll out new guidelines to impose stricter regulation for token listings on centralized crypto exchanges (CEXs) as soon as next month.
The government of South Korea has tapped blockchain technology to make the process of job applications easy for its people.
The ruling People Power Party of Korea believe that the establishment of regulations for cryptocurrencies is more important than implementing immediate taxation.
The Bank of Korea will be looking to use the pilot stage of its CBDC to determine things such as acceptability and ease of use.
Though Upbit quickly moved to halt deposits and withdrawals, that decision came after the fake APT token had already made its way into 400,000 Aptos wallets.
According to the FSC, the main aim of the proposed new rules is to encourage firms to have accounting transparency.
Seoul Southern District Court has now issued a court order that prohibits the sale of several of Do Kwon’s properties.
South Korea is planning to become a metaverse hub by 2026. Within the five-year metaverse development roadmap, the country aims to activate the ecosystem for metaverse platforms, nurture professionals, and foster companies.
As per the Seoul Southern District Court, one of those taking the biggest advantage of Terra and speculating on sales was Kernel Labs CEO Kim Hyun-Joong. According to the reports from the authorities, Kim has illegally gained at least 79 billion won ($61 million).
Three Asian countries have been singled out for being hit the most by FTX’s unfortunate collapse.