First Mover Asia: Bitcoin Tests $25K Before Retreating; Korea Play-to-Earn Ban Unlikely to End Soon
The Korean government has yet to show any sign of wanting to change current laws, said attendees at Korea Blockchain Week. Source
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Korea
Iskra Redefines Game Publishing at Korea Blockchain Week, Announces New Games – Press release Bitcoin News
press release PRESS RELEASE. SEOUL – Iskra took the stage at Korea Blockchain Week, outlining their vision of game publishing in the era of Web3. “The technology is now available for us to provide an ecosystem that enables better outcomes for everyone: players, game developers and the platform itself. There
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Korea Blockchain Week points to games leading the way into a Web3 savvy world
Beyond being just a buzzword, Web3 is supposed to be a reimagined Internet that offers users gaming, social media and financial services through decentralized applications, or dApps, running on a blockchain and controlled by a user’s own wallet. Gaming-related companies, such as Australian-based Immutable, reckon they will be the breakthrough industry
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South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report
Authorities are reportedly investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments. Original Source
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Crypto.com hits key regulatory milestone in South Korea
Crypto exchange Crypto.com has announced a key regulatory milestone in South Korea after securing two local companies, giving it access to crypto and payments registration.The announcement came during Korea Blockchain Week 2022 after the company announced the acquisition of payment service provider 'PnLink Co. Ltd.' and virtual asset service provider
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South Korea Postpones 20% Crypto Tax to 2025
The government announced its 2022 Tax Reform Bill on Thursday, which states the planned virtual asset tax, already delayed by a year, will be postponed further. Source
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South Korea postpones 20% tax on crypto gains to 2025
The South Korean government has reportedly postponed the 20% tax crypto gains by two years. The controversial 20% tax on crypto gains was supposed to come into effect from January 1, 2023, but now has been deferred to 2025.The government officials announced their new tax reform plans on July 21,
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The Most Dedicated CEO in South Korea, Leads Wemade to New Heights
Wemade (a pioneer South Korean game developer and publisher) announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2.67 million (KRW 3,5 billion) and did not sell a single share. As a result, Mr. Chang’s stake in Wemade
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Korea and US agree to share investigation data on Terra-Luna
South Korean justice minister Han Dong-hoon was in New York recently to discuss various ways in which the two nations can corporate on investigations associated with financial crimes, especially crypto-related crimes.Hoon met with Securities and Commodities Task Force co-chief Andrea M. Griswold, at the U.S. Attorney's Office for the Southern
Read MoreICO and Personal Information Protection Commission, South Korea, sign Memorandum of Understanding
The Information Commissioner’s Office (ICO) and the South Korean Personal Information Protection Commission (PIPC) have a strong relationship which recognises their shared common mission to uphold people’s information rights, while supporting digital innovation and economic development. In recognition of
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