Koreas

Korean Banks Keep Exclusive Rights For Virtual Asset Real-name Verification Accounts

Key Points: Currently, only banks in Korea issue real-name verification accounts for virtual assets, but some argue that allowing securities…

2 years ago

South Korea’s Sovereign Financial Fund KIC Buys Coinbase Shares

A Korean sovereign wealth fund, KIC, indirectly bought shares in listed US crypto giant Coinbase. Since then, however, the fund…

3 years ago

Political push could boost South Korea’s Metaverse, P2E, NFT

South Korean crypto and metaverse gaming projects could get a big boost in the coming weeks - if the outcome…

3 years ago

South Korea’s presidential candidate Lee Jae-myung calls cryptocurrency a “means of trade and investment”

South Korea's new cryptocurrency presidential candidate Lee Jae-myung has doubled admiration for cryptocurrencies. Lee has announced to the public that…

3 years ago

South Korea’s ruling party points to an increase in crypto consistency

The ruling Cryptocurrency Task Force of the Democratic Party of Korea is discussing plans to "institutionalize corporate transactions" on cryptocurrency…

3 years ago

South Korea’s smaller crypto exchanges begin to close

Several smaller South Korean cryptocurrency exchanges started to close after they introduced their impending closure. These exchanges are actually struggling…

3 years ago

Why do the 3 tech giants want to pilot Korea’s CBDC? 

South Korean tech giants have submitted three bids to be the first private company to test a prototype of the…

3 years ago

Korea’s Leading Bank – Woori Will Offer Crypto Custody Services Offer

Woori Bank, a Korean financial institution, is entering the DACS (Cryptocurrency Custody Service) market. Woori will offer crypto custody services…

3 years ago

South Korea’s largest technology and telecommunications giant is applying for the right to test the digital currency CBDC

The Bank of Korea (BOK), South Korea's central bank, will be testing its prototype digital KRW from August as the…

3 years ago

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