S.Korea eyes restraints on crypto unicorn Dunamu over monopoly concerns
The Korea Fair Trade Commission (KFTC) is reportedly planning to designate local crypto exchange Upbit owner Dunamu as an enterprise...
SKorea
S.Korea tosses travel rule private wallet compliance to exchanges
South Korea’s financial watchdog has passed on the compliance of private cryptocurrency wallets to exchanges, as the Financial Action Task...
DeFi, NFT access at stake as FATF travel rule starts in S.Korea
South Korea’s decree that virtual asset service providers (VASPs) comply with a new crypto travel rule starting Friday could leave...
Plant tree in metaverse, and S.Korea will plant 2 in fire-damaged forest
The Korea Forest Service is starting a tree-planting campaign in the metaverse in conjunction with fintech company Dunamu — for...
LG first in S.Korea cosmetics industry to digitize beauty brand with NFTs
LG Household & Health Care is minting 3,000 non-fungible tokens (NFTs) on OpenSea to promote its beauty brand Belif with...
Over half of S.Korea crypto traders are in their 30s and 40s
South Korea’s financial regulator revealed Tuesday that 58% of the country’s 5.58 million cryptocurrency traders are in their 30s and...
S.Korea struggles over sexual harassment of minors in metaverse
Concern is growing in South Korea that minors are being exposed to sexual harassment and assault in metaverses, as these...
Interpol issues ‘purple notice’ on Bitcoin phishing case in S.Korea
South Korean police have provided global police agency Interpol with information on a crypto-related voice phishing case after receiving a...
S.Korea adds crypto to annual finance survey as household asset
South Korea’s statistics bureau announced on Sunday that it will include virtual assets in its annual household finances report, which...
S.Korea to conquer the metaverse in its five-year strategy
South Korea’s science ministry announced on Thursday a five-year strategy to lead the global metaverse race. Fast facts South Korea...