South Korea Financial News

04.09 / 12:13
Blockchain YouTube elon Elon Musk-crypto video played on S. Korean govt's hacked YouTube channel
A YouTube channel owned by the government of South Korea was reportedly hacked and renamed SpaceX Invest, following which the channel uploaded fabricated videos of Elon Musk discussing cryptocurrencies.
02.09 / 20:37
Blockchain UPS Platform Terra Usd Luna Terra LUNA Classic [LUNC] Price Prediction 2025-2030: Can LUNC hit $5 by 2030?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
02.09 / 16:23
Adoption Europe proof-of-work Bitcoin Armenia aims to position itself as a Bitcoin mining hub
At the end of August, a digital platform called ECOS Free Economic Zone delivered good news from a country that rarely sparks on the global crypto map — Armenia. ECOS reported adding 60 megawatts (MW) of capacity to its power plant-based facility, operating since 2018. 
02.09 / 15:35
Adoption regulation Metaverse South Korea expands its efforts to regulate Metaverse
South Korea continues its immersion in Web3 and the Metaverse. After investing almost $200 million in the creation of its own metaverse ecosystem and publishing the “Metaverse Ethical Principles,” the country’s government is now preparing a “Metaverse Industry Promotion Law.”
01.09 / 20:23
Blockchain UPS Bitcoin Terra (LUNA) Price Prediction 2025-2030: Is $50 in 2030 still a realistic target?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
01.09 / 00:19
Law regulation South Korean authorities arrest 16 individuals connected to $2B crypto forex transactions: Report
Authorities with South Korea’s customs service have reportedly arrested 16 people involved in illegal foreign exchange transactions connected to crypto assets worth roughly $2 billion.
31.08 / 14:47
business Bithumb Singapore court rules in favor of Bithumb founder in acquisition case
The court drama behind the acquisition of South Korean crypto exchange Bithumb has been going on for several years, but in an unexpected development, a Singapore court has made a ruling against Kim Byung-gun, who has originally accused the owner of Bithumb, Lee Jung-hoon, in defrauding him. 
31.08 / 14:41
Blockchain UPS Platform Future week Korea Blockchain Week 2022 Wraps Up With Immense Optimism for the Future of Crypto
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
31.08 / 12:32
Blockchain Adoption education Busan City announces FTX partnership to build local exchange
South Korea’s second-largest city Busan has announced a partnership with crypto trading platform FTX to build a local crypto exchange and foster blockchain development.
30.08 / 14:45
Blockchain defi solana Developers Support Fireblocks launches Web3 Engine support on Solana
Digital asset custody platform Fireblocks has launched support for Solana, giving its thousands of users access to the developer network’s applications and infrastructure. 
30.08 / 13:01
Stocks market Remark Enterprise POT MTV Awards Feature Eminem and Snoop Dogg as Bored Apes
The push into the metaverse is taking a new turn for the positive as the Snoop Dogg and Eminem duo performedin the metaverse at the MTV Music Video Awards on Sunday. 
29.08 / 23:37
European Union Food Bitcoin Russia to hold war games with China amid tensions over Ukraine invasion
Russia said it would launch sweeping military drills in the country’s east together with forces from China — a show of increasingly close defence ties between Moscow and Beijing amid tensions with the West.
29.08 / 23:23
Adoption regulation Australian Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29
Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The regulator intends to focus on “digitally enabled misconducts” and to protect investors “from harms posed by crypto-assets.” Given the ASIC’s history of anti-crypto sentiments, such an announcement could be perceived as hostile, but at least it contains a promise to implement some regulatory framework that is still absent. 
29.08 / 22:43
Stablecoin regulation ICO Central Bank Future South Korean central bank eyes MiCA, says future regulations may allow ICOs again
The South Korean central bank has indicated that initial coin offerings (ICOs) will be allowed under the Digital Assets Framework Act, according to a local news report. That comprehensive legislation is expected to be introduced in 2023 and implemented the following year. 

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