Countries acted to encourage — or discourage — cryptocurrency and other blockchain-based assets, sending markets wildly up and down.
Court overturns Korean Bitcoin ruling, also are the days numbered for SWIFT?
An investor who received $1.25M in Bitcoin by accident will not be criminally penalized, raising questions on the legal status of cryptocurrencies.
Asia’s gaming giant Nexon’s US subsidiary supports cryptocurrencies for players in buying items inside its popular online games.
Crypto crash hits Korean game developers, also how to spot Rug-pull’s red flags
Experts expect more disruption as the crypto industry matures and a younger generation places different values on status and job security.
With economic security as a top priority, the Kishida administration anticipates the release of competing CBDCs.
The impresario behind superstars BTOB and (G)I-DLE tells Forkast.News there’s ‘no upper limit’ to how much Cube will invest in NFTs and a metaverse for concerts.
Now that South Korea’s crypto tax is delayed a year, what will the final form look like? Should crypto gains be taxed like stock profits — or winning the lottery?
Korea crypto tax postponed, meanwhile CoinDCX looks to IPO
South Korea reaches a tentative agreement to delay a pending tax on virtual assets. Crypto investors in next-door Japan already face taxation up to 55%.
Korea crypto tax debated meanwhile, Crypto.com is on a tear
Korea stands firm on NFT games, meanwhile Laos introduces crypto regulations
Despite the global boom of play-to-earn games, South Korea will still ban blockchain-based video games that reward cashable NFTs.
Crypto market cap plunges as South Korean banks head into metaverse
Every morning at Upbit, the nation’s largest cryptocurrency exchange, a brief and odd surge in random altcoin prices takes place. Which crypto will it be tomorrow?
South Korea a metaverse hub, also NFTs go from digital to physical
A ticket to the metaverse is highly coveted in South Korea, whether it’s by an individual, a public company or a city government.
South Korean financial companies bring investors results a month after their metaverse exchange-traded funds were listed, with one fund gathering nearly $170M in net asset value.
Crypto surges on US inflation rise meanwhile, Korean investors win damages
Despite movement from both the ruling Democratic Party and the conservative party to delay the 20% virtual asset gains tax, South Korean finance minister still thinks it should start as planned for Jan. 1, 2022.
The country will follow global crypto guidelines in excluding non-fungible tokens (NFTs) from its categorization of virtual assets — meaning income from NFTs may remain untaxed in Korea.
e-CNY scam investigated meanwhile S Korea gets metaverse bug
BTS’ label dreams bigger than just dominating the K-pop world — they want to digitize the IP even more.
Information Technology (IT) firms in South Korea set up shop in the realm of the metaverse, with their first step being non-fungible token (NFT) platforms.
It’s a red light for those who bought the controversial token inspired by the Netflix mega-series Squid Game, as its developers appear to have cashed out their investments, leaving SQUID’s price to plunge 99.99%.
The wild popularity of South Korean Netflix TV series Squid Game and K-pop boy band BTS prompt parody tokens in the crypto space under circumstances that are being called into question.
South Korean mobile game developer Netmarble to create a virtual K-pop idol group under partnership with internet giant Kakao group using meta-human technologies.
A lawmaker claims authorities gave the country’s largest crypto exchange privilege in meeting government requirements.
After iron-fisted regulations closed down many exchanges, remaining trading platforms look for alternatives to transaction fees.
Conglomerates including Samsung continue to invest in blockchain and crypto startups despite a government crackdown on the industry.
South Korean presidential hopefuls lean towards delaying crypto tax to impress younger voters.
Singers and musicians are embracing non-fungible tokens, but will their non-crypto active fans buy it?
Coinswitch Kuber becomes unicorn meanwhile Australians reminded over crypto tax
Kazakhstan blames its newly settled crypto miners for power shortages as South Korea’s largest exchange is accused of listing faulty tokens for profits.
A lawmaker claims Upbit earned hundreds of millions by listing sketchy cryptocurrencies, while the exchange rebuts that it follows fair and strict standards.
Crypto investors say virtual asset gains will be taxed on uneven grounds compared to stock capital gains.