Articles filed under

South Korea

473 articles
Page of 7

January 2022

South Korea wants to be the physical home of the metaverse

The tech-savvy nation is deemed a prime environment to grow the metaverse. What comes next, and will some be left out by a digital divide?

Korea to survey crypto assets; China hunts for CBDC talent

Korea will include virtual assets in its financial survey, while China’s central bank hunts for CBDC talents.

NFTs and music: Is the fan outcry over NFTs’ environmental impact warranted? | Part 4

K-pop fans are waging online campaigns against their favorite artists over NFTs, denouncing the technology’s carbon footprint. How polluting are NFTs?

Korea plans metaverse leadership; Russian bank proposes crypto ban

South Korea envisons itself becoming a top metaverse leader, while Russia’s central bank proposes crypto ban.

Crypto investors are being wooed in South Korea’s tight presidential election

The top contenders jockey for position on initial coin offerings and other blockchain-based innovations. How did crypto become a critical factor in the race?

Australian Open enters metaverse; Chinese university goes virtual

Australian Opens just opened in the metaverse and a Chinese university launches a virtual campus.

Korean prosecutors demand life; HK plans new crypto regulation

Korean prosecutors demand life, as HK plans new crypto regulation.

Hyundai plans Meta-Factory; Crypto divergence ahead

Hyundai plans to open a “Meta-Factory”, meanwhile crypto divergence ahead for the year 2022.

LG to follow Samsung adding NFT features to flagship TVs

The ability to display, buy and even mint NFTs is seeping into mainstream products from South Korea’s largest corporations.

CBDCs and the year that may reshape crypto markets

Top blockchain and crypto news: CBDCs at the crossroads. A token gesture from Samsung. NFTs survive in China.

Crypto is presidential election campaign issue for South Korea

In South Korea, a new presidential administration will be chosen in March. Here’s where the four major candidates stand on Korea’s booming virtual asset space.

FastForkast headlines

Sexual harassment in metaverse triggers S.Korean government response

Kakao’s Klaytn latest to join China’s BSN International

S.Korea crypto market growing but needs promotion, not just regulation: BCG

Interpol issues ‘purple notice’ on Bitcoin phishing case in S.Korea: reports

S.Korea adds crypto to annual finance survey as household asset

S.Korea aims to conquer the metaverse in its five-year strategy

Hyundai Card VP: Crypto’s ‘tulip mania’ stage is passing

S. Korean broadcaster KBS opens metaverse studio for 2022 election

S. Korean lawmaker takes Bitcoin donations, issues receipts in NFTs

S. Korean prosecutors seek life sentence for crypto execs in fraud case

Webtoon Solo Leveling NFTs sell out quickly after S.Korea launch

Kakao-backed Klaytn announces 5 partners for gaming and metaverse expansion

South Koreans required to report overseas crypto accounts

January 2022

Crypto in Asia: 5 top fintech regulatory stories of 2021

Countries acted to encourage — or discourage — cryptocurrency and other blockchain-based assets, sending markets wildly up and down.

Court overturns Korean Bitcoin ruling; Days numbered for SWIFT?

Court overturns Korean Bitcoin ruling, also are the days numbered for SWIFT?

Bitcoin sent by mistake, recipient will not be punished for keeping it: South Korea ruling

An investor who received $1.25M in Bitcoin by accident will not be criminally penalized, raising questions on the legal status of cryptocurrencies.

Game company Nexon America now accepts crypto for in-game payments

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; Rug-pull red flags

Crypto crash hits Korean game developers, also how to spot Rug-pull’s red flags

South Korean regulator jumps to a crypto exchange

Experts expect more disruption as the crypto industry matures and a younger generation places different values on status and job security.

Japan’s central bank is urged to speed up its digital yen project

With economic security as a top priority, the Kishida administration anticipates the release of competing CBDCs.

K-pop agency Cube bets big on NFT and metaverse

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.

Crypto tax delay is a chance for South Korea to fix loopholes, experts say

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?

FastForkast headlines

South Koreans required to report overseas crypto accounts

Matrix Resurrections NFTs reward moviegoers who reserve tickets in South Korea

South Korea’s WeMade invests in blockchain property startup Kasa

South Korea’s Danal to allow crypto as payment for BMWs

Shinhan, Standard banks demo cross-border stablecoin remittance

Hong Kong VC firm Chiron Partners raises $50M to back Terra

S. Korean blockchain VC Hashed under tax investigation as CEO denies tax evasion

Meta says South Korea is top-tier environment for the metaverse

South Korean online game developer KRAFTON invests in metaverse

Korea Exchange CEO calls for institutionalization of crypto

Kimchi Premium hits highest level since May

December 2021

South Korea and Japan grapple with how to define, and tax, cryptocurrency gains

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; on a tear

Korea crypto tax debated meanwhile, is on a tear

Korea stands firm on NFT games; Laos introduces crypto regulations

Korea stands firm on NFT games, meanwhile Laos introduces crypto regulations

Popular NFT games made in South Korea, and banned in South Korea

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; South Korean banks head into metaverse

Crypto market cap plunges as South Korean banks head into metaverse

South Korea’s great crypto mystery: What’s up with Upbit at 9 am?

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; NFTs go from digital to physical

South Korea a metaverse hub, also NFTs go from digital to physical

TV home shopping in South Korea moves to the metaverse

A ticket to the metaverse is highly coveted in South Korea, whether it’s by an individual, a public company or a city government.

Metaverse ETFs in South Korea bring significant profits for investors

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; Korean investors win damages

Crypto surges on US inflation rise meanwhile, Korean investors win damages

FastForkast headlines

Kimchi Premium hits highest level since May

Hong Kong metaverse developer ViLab partners with Squid Game special effects maker

South Korea’s KB Bank unveils a metaverse bank testbed

South Korea’s 20% tax on virtual asset gains is postponed

South Korea’s SK Square is 2nd-largest shareholder of crypto exchange Korbit

Bill to delay 20% crypto tax in deadlock in South Korea

South Korea’s Gamevil acquires blockchain tech company

South Korea’s Upbit launches NFT trading platform; FNC launches K-pop digital collectibles

South Korean crypto exchange acquires stake in major bank

South Korea financial authority now says NFTs can be taxed

Crypto exchange Bithumb gets South Korea regulatory approval

Major South Korean banks plan virtual branches in the metaverse

South Korea CBDC development continues: Bank of Korea official

Baby Sharks from most-viewed YouTube video released in NFTs

7 in 10 wealthy South Koreans won’t invest in crypto, survey says

Animoca Brands dreams big with K-pop agency Cube to build metaverse and NFTs

South Korea’s crypto exchange Coinone makes the cut, but not Bithumb

South Korean court favors investors in crypto-hacking lawsuit against exchange