Bitcoin News / Bitcoinist - 2 years ago
Although it remains to see what shape the nascent Metaverse will take, the government of South Korea has become an early investor in it. The move can trigger other states to invest in the technology that may appear at a center stage in the future. Th...
Cryptocoins News / The Cointelegraph - 2 years ago
South Korea, a nation known for its strict crypto regulatory stance, is betting big on the metaverse. The government will invest over 223.7 billion won ($177.1 million) directly in various metaverse projects.The decision to invest in the nascent meta...
Cryptocoins News / The Cointelegraph - 2 years ago
South Korea, a nation known for its strict crypto regulatory stance, is betting big on the Metaverse. The government will invest over 223.7 billion won ($177.1 million) directly in various Metaverse projects.The decision to invest in nascent Metavers...
Bitcoin News / Bitcoinist - 2 years ago
South Korea will allocate roughly $177 million into the metaverse to fund companies and jobs in this space. The metaverse, or living in a virtual world, isn’t a new concept, but it’s only now that the hype around it is gaining rapid attention from ma...
Cryptocoins News / The Cointelegraph - 2 years ago
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its’ creator, was the most concerned country of them all.Amid signs that Terraform Labs co-founder Do Kwon w...
Cryptocoins News / The Cointelegraph - 2 years ago
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its creator, was the most concerned country of them all.Amid signs that Terraform Labs co-founder Do Kwon wa...
Bitcoin News / Bitcoin.com - 2 years ago
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, m...
Bitcoin News / Bitcoinist - 2 years ago
South Korea aims to form a digital asset watchdog by June, according to local media sources. The committee will oversee regulation of the space until the government is able to draft basic laws on digital assets. South Korea Launch Crypto Watchdog The...
by COINS NEWS - 2 years ago
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Cryptocoins News / Blockchain - 2 years ago
Carried out by the Seoul Southern District Prosecutor’s Office’s joint financial and securities crime investigation team, The staff of Embattled blockchain startup Terraform Labs have been called for questioning as part of an investigation. As by...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, LUNA and its native stablecoin UST lost over 90% o...
Cryptocoins News / The Cointelegraph - 2 years ago
The South Korean government continues to investigate Terraform Labs, the firm behind the Terra Network as well as Luna Classic (LUNC), previously known as Terra (LUNA), and TerraUSD (UST) tokens, by reportedly summoning subpoenas to employees.South K...
Cryptocoins News / CoinJournal - 2 years ago
South Korean authorities are in the process of freezing the assets of the Luna Foundation Guard. Luna Foundation Guard is a non-profit foundation that maintains reserves for the Terra ecosystem to support the stablecoins during difficult times. Are...
Bitcoin News / Bitcoinist - 2 years ago
The ruling party of South Korea is likely to host an urgent meeting on Tuesday with officials from the state’s top five largest crypto exchanges. The officials look forward to holding crypto exchanges accountable for their failure to save trade...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto exchanges in South Korea have been issued notices from police requesting the sequestering of funds related to the Luna Foundation Guard. On Monday, Korean authorities sent a request to the top crypto exchanges in the country to prevent funds f...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph...
Bitcoin News / Bitcoinist - 2 years ago
Some jurisdictions are recently putting up regulatory measures to curb cryptocurrency asset investment challenges. Among the many countries on this move is South Korea. The government is making a few recommendations that will serve as protection for...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from South Korean Newschannel “Newspim&...
by COINS NEWS - 2 years ago
submitted by /u/Derezal [link] [comments]
by COINS NEWS - 2 years ago
South Korea's newly appointed Minister of the department of Justice is to investigate TerraLuna debacle for his very first assignment (the below Korean news press video is about it) https://www.youtube.com/watch?v=UKHsSE1n-Ck In this news press i...
Cryptocoins News / The Cointelegraph - 2 years ago
A report commissioned by South Korea’s federal government recommends the domestic crypto industry adopt a licensing system for exchanges and token issuers as a way of protecting investors.The report issued by the Financial Services Commission (FSC) t...
Cryptocoins Exchanges / Binance - 2 years ago
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by COINS NEWS - 2 years ago
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