South Korean ministry recommends enactment of special Metaverse laws
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems. Go to Source Powered by WPeMatico
South Korea
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South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report
According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day after it was reported that Seoul’s Southern District Prosecutors Office issued a warrant for Kwon’s arrest. Local Report Says South Korean Officials Are Targeting Do … Read more
South Korean prosecutors apply to revoke Do Kwon and other Terra employees’ passports
Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea. Go to Source Powered by WPeMatico
Busan signs MoU with Huobi, gets more help for local crypto exchange
Huobi Global is the third major cryptocurrency exchange to pen a blockchain ecosystem development agreement with the South Korean city. Go to Source Powered by WPeMatico
South Korean regulators to prepare guidelines for security tokens in 2022
South Korea will get a separate security tokens market operated by Korea Exchange. Go to Source Powered by WPeMatico
Elon Musk-crypto video played on S. Korean govt’s hacked YouTube channel
The hacked YouTube account was restored within four hours following a proactive intervention from the South Korean government, confirmed a local news agency. Go to Source Powered by WPeMatico
South Korean Government’s Youtube Channel Hacked to Play Crypto Video With Elon Musk
The official Youtube channel of the South Korean government has been hacked on Saturday and those who did it, broadcasted a cryptocurrency-related clip. The video also featured billionaire and crypto enthusiast Elon Musk, local media reported quoting sources in Seoul. Hackers Air Interview With Musk via Korean Government’s Youtube Account The official Youtube channel of … Read more
South Korean authorities arrest 16 individuals connected to $2B crypto forex transactions: Report
More than $283 million of the $2 billion in crypto transactions were reportedly facilitated through illegal remittance agencies. Go to Source Powered by WPeMatico
Singapore court rules in favor of Bithumb founder in acquisition case
The decision on the civil lawsuit might affect a trial court in South Korea. Go to Source Powered by WPeMatico
Busan City announces FTX partnership to build local exchange
South Korea’s ‘Blockchain’ city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry. Go to Source Powered by WPeMatico