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South Korea
Solana Commits $100M to Support South Korean Crypto Projects
The fund, created by Solana Ventures and the Solana Foundation, will focus on virtual gaming and will invest in NFT and DeFi projects.
South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report
The committee will provide criteria for the listing of coins by exchanges, introduce investor protections and monitor unfair trading.
First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways
The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying.
Why Is South Korea Throwing Money at the Metaverse?
South Korea’s “Digital New Deal” is flooding the country’s tech industry with billions of dollars in grant money in the hopes of creating 2 million new jobs. This article is part of "Metaverse Week."
South Korean Authorities Look to More Closely Scrutinize Exchanges Following Terra Meltdown: Report
Around 280,000 South Koreans are believed to have been victims of the abrupt plunge in UST and LUNA.
Korean Police Move to Freeze Luna Foundation Guard Assets: Report
Seoul police are seeking to ban the entity from withdrawing suspected embezzled funds.
DOGE Jumps on Twitter Deal; Australian Crypto ETFs Delay
Korean direct trading music platform registers NFT patent to prevent illegal copying. Dogecoin leaps after Elon Musk strikes $44 billion deal to buy Twitter. Launch of three crypto ETFs in Australia delayed. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
South Korean Smart Contract Auditing Platform Sooho.io Raises $4.5M
The startup works with Samsung and LG.
S. Korea's SK Square to Launch Crypto Token by Year-End: Report
The crypto will be the first to be issued among the nation's top conglomerates.
Ukraine Legalizes Crypto; Korea’s Crypto Policy Ideas
Ukraine’s President Zelenskyy signs digital assets bill into law. China’s Canaan to buy back up to $100M shares to drive value. Korea’s digital asset experts set out ideas for shaping up crypto policies. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”