South Korea

South Korea: Google Play blocks 17 unregistered crypto exchanges

Google Play has restricted access to 17 unregistered cryptocurrency exchanges operating in South Korea at the request of the country's financial regulators.The affected exchanges,...

South Korea considers blocking crypto exchanges operating without licenses

South Korea's Financial Intelligence Unit (FIU) is investigating crypto exchanges allegedly operating without proper registration as virtual asset service providers (VASPs).Authorities are considering blocking...

South Korea’s Central Bank Takes ‘Cautious Approach’ to Bitcoin Reserve Possibility

South Korea's central bank has ruled out Bitcoin as a foreign exchange reserve asset, citing high volatility and potential transaction costs during market instability.Casa's...

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%...

Latest news

Bitcoin Price Falls Below $80,000 as Inflation Fears and Trump Tariffs Loom

Bitcoin prices have retreated toward $80,000 after briefly approaching $90,000, with inflation concerns and Trump's tariff threats weighing on...

UAE Dirham Takes Spotlight as Sonic Labs Drops US Dollar Stablecoin

Sonic Labs has abandoned plans for a USD algorithmic stablecoin, pivoting to a UAE dirham-denominated alternative.The decision follows the...

VC: Ether “Died by Its Own Hand” as L2s Drain Value from Network

Ethereum's investment appeal is declining as layer-2 networks drain value from the main blockchain while token creation increases unchecked.The...

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