South Korea
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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...
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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...
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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...
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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...
News
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...
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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%...
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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...
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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...
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