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South Korean University to Present NFT Certificates for Graduates
south korea

South Korean University to Present NFT Certificates for Graduates

Sungkyunkwan University (SKKU), a top private university in Suwon, South Korea, seeks to present NFT certificates to three excellent graduates at the graduation ceremony.

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground
south korea

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.

South Korea's Banking Association Cautions Against Growing Altcoin Influence
south korea

South Korea's Banking Association Cautions Against Growing Altcoin Influence

The Korea Federation of Banks wants its members to keep track of altcoins that trade on crypto exchanges.

South Korean Police Raid Bithumb Crypto Exchange For Second Time in BXA Token Fraud Case
south korea

South Korean Police Raid Bithumb Crypto Exchange For Second Time in BXA Token Fraud Case

Bithumb, the largest crypto exchange in Korea has been raided for a second time in five days by the South Korean police.

LG Electronics Expands Business in terms of Blockchain Technology & Crypto
south korea

LG Electronics Expands Business in terms of Blockchain Technology & Crypto

As part of its expansion plan beyond home appliances, South Korean tech giant LG Electronics intends to add blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter.

S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs
south korea

S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs

Hybe, one of S. Korea's top K-pop management agencies, is planning to expand its marketplace for NFTs by collaborating with celebrities not managed by the firm.

South Korean Political Parties Woo Voters with Crypto-Friendly Policies
south korea

South Korean Political Parties Woo Voters with Crypto-Friendly Policies

South Korea's major political parties unveil crypto incentives, with the Democratic Party eyeing ETF liberalization and the People's Power Party proposing a tax delay on digital assets.

South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly
south korea

South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly

According to Newsis on July 13, the People's Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital Market Act to the National Assembly within this month.

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds
south korea

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

The South Korean administration might consider categorizing proceeds from cryptocurrency transactions as other income that is subjected to 20% tax, such as prize-winning or lottery.

Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site
south korea

Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site

Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.

South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”
south korea

South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”

In order to revive cross-border travel and keep infection risks under control, the South Korean government seeks to issue blockchain-backed COVID-19 “vaccine passports” to immunized citizens.

South Korea Plans to Suspend Crypto Taxation Until 2023
south korea

South Korea Plans to Suspend Crypto Taxation Until 2023

Crypto investors in South Korea might have a sigh of relief because the government intends to delay imposing crypto taxation until 2023.

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