Seoul


Consensus Magazine

Crypto Hubs 2023: Where to Live Freely and Work Smart

With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start.

illustration of a globe with crypto symbols

Consensus Magazine

Seoul: Asia’s Retail Crypto Capital Moves on After Do Kwon

South Korea’s nearly 7 million registered users, many in the nation’s capital, show a huge interest in trading crypto. But No. 4 in CoinDesk’s Crypto Hubs 2023 is still licking its wounds after the catastrophic collapse of Terra blockchain – for a time, South Korea’s favorite crypto project.

South Korean President-elect Yoon Suk-Yeol celebrates his victory (Chung Sung-Jun/Getty Images)

Videos

Future of the Metaverse Amid Crypto Winter

Sebastien Borget, Co-Founder of The Sandbox and President of the Blockchain Game Alliance, alongside Saro McKenna, co-founder of Alien Worlds, join "First Mover" live from Davos 2023 to discuss the outlook for development and adoption of the metaverse and blockchain gaming. Plus, reactions to South Korea launching a metaverse replica of Seoul.

Recent Videos

Web3

South Korea Launches Metaverse Replica of Seoul

As part of a three-year effort to expand its public services, Metaverse Seoul will allow users to take their avatars to tax offices, access youth counseling and read e-books.

Metaverse Seoul (opengov.seoul.go.kr)

Finance

South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report

The wemix token is trading 90% lower than this time last month after it was delisted by several exchanges.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Finance

Ex-S. Korean Finance Minister Yong-Beom Kim Appointed as CEO of Hashed Open Research

The research arm of crypto venture capital fund Hashed is looking to bridge the gap between the blockchain industry and the South Korean government.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Layer 2

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."

(Yunha Lee/CoinDesk)

Finance

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.

Gyeongbokg palace in Seoul. (Image credit: Chan Young Lee/Unsplash)

Finance

7 Crypto Exchange Executives Handed Prison Sentences for $1.7B Fraud in South Korea: Report

The exchange's former CEO was sentenced to 22 years in prison.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Policy

South Korean Crypto Exchange Bithumb Will Block Unregistered Wallets

The exchange was reportedly pressured from its partner bank to change its mind.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

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