Bookmarking Crypto Insights
Auto Added by WPeMatico
Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with a company like the former Facebook pivoting its operations to occupy the metaverse market, there is still not a clear definition of the concept and … Read more
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean Crypto Sector for Regulatory Proposals Representatives of the South Korean government … Read more
Network outages and decreasing smart contract reserves add further downside pressure to SOL price. Go to Source Powered by WPeMatico
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development. Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and … Read more
South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation. Go to Source Powered by WPeMatico
Crypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges have delisted privacy coins in the past as well. Go to Source Powered by WPeMatico
Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. Go to Source Powered by WPeMatico
South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities. Go to Source Powered by WPeMatico
South Korea’s rising interest in nascent tech could prompt other nations to take up the idea of metaverse more seriously. Go to Source Powered by WPeMatico
The government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in this field, according to statements made by Lim Hyesook, minister of science and information and communication technologies. South Korea is one of the first countries … Read more
