South Korea

South Korea to Allow Corporate Crypto Trading in Phased Rollout, Financial Firms Still Restricted

South Korea will allow corporates to trade cryptocurrencies in a phased approach starting with non-profits and universities in H1 2024. Listed companies must have minimum...

South Korea’s Sogang University AI Lab Adopts Theta EdgeCloud for Advanced Language Research

Sogang University's Language & Data Intelligence Laboratory becomes EdgeCloud's twentieth academic and enterprise customer. The partnership expands Theta's academic network in South Korea, joining institutions...

South Korea’s Martial Law Halts Crypto Reforms, STO Plans Pushed to 2025

South Korea's martial law declaration halts crypto sector reforms until political crisis resolves. Securities token offerings and corporate crypto accounts implementation delayed indefinitely. Crypto taxation postponed...

The AI Lab Partners with Theta EdgeCloud to Power AI Education in South Korea

The AI Lab, a South Korean e-learning provider, signs multi-year agreement to use Theta EdgeCloud's GPU resources Partnership targets $500 billion e-learning market, following recent...

South Korea postpones high tax on crypto until 2025

It's a good thing South Korea has a president who is "pro crypto". The country's crypto owners would soon have to pay a 20%...

South Korean Powerhouse Samsung Releases Bitcoin Support to Keystore

South Korean tech powerhouse, Samsung, has released the organization’s new blockchain KeystoreSDK for engineers and it will bolster Bitcoin (BTC).Samsung reported  that it would...

South Korean Authorities Are Preparing Regulated ICO Framework

South Korea considering lifting ICO ban with regulations.Talks involve multiple government agencies and tax implications.ICOs conducted before ban not forced to repay investors.South Korean...

Latest news

Bybit Exchange Suffers $1.5B Hack, Sees $5.5B in Customer Withdrawals

Cryptocurrency exchange Bybit experienced a $1.5 billion hack, leading to total outflows exceeding $5.5 billion. The exchange's total assets dropped...

Businessman Loses Rs 1.92 Crore in Facebook-Based Cryptocurrency Scam

An Ahmedabad businessman lost Rs 1.92 crore through a sophisticated social media-based cryptocurrency investment scam. The scammer used a fake...

Asteroid Impact Risk Drops: ESA Reports 2024 YR4’s Earth Collision Probability Down to 0.16%

Asteroid 2024 YR4's Earth impact probability decreased from 2.8% to 0.16%, based on European Space Agency's latest calculations. The space...

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