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Seoul
S. Korean Lambda256 Closes $60M Series B at $300M Valuation
The Dunamu company offers BaaS to corporations.
South Korea’s Hashed Under Tax Investigation
The investment firm announced $200 million in new funding last week.
S. Korean Regulators Call for Criminal Punishments for Crypto Market Manipulation
The law is unlikely to go through Parliament this year.
S. Korean Regulator Says NFTs Are Not Virtual Assets: Report
Seoul will follow FATF guidance on the matter of NFTs and its regulation.
Hours Before South Korean Registration Deadline, Only 10 Exchanges Have Applied
Virtual asset service providers rush to file their documents before midnight tonight.
South Korea Government Assists Crypto Exchanges; Australian Firm Accepts Crypto for Rent
Seoul will organize visits to crypto exchanges for regulatory oversight. Singapore’s Stake Technologies completes a U.S. $10 million fundraiser to meet parachain goals. Australian office space company Business Hub to allow crypto as rent payment option next year. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
India Crypto Feud Continues; Korea Mining Thief Busted
India’s crypto industry takes matters into its own hands. Canaan offers service in Kazakhstan as miners flee China, and a crypto thief in Seoul is busted. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Chinese Social Media Bans Crypto Accounts; Seoul Tightens Rules on Crypto Trading
Dozens of Weibo crypto accounts were banned over flouting platform guidelines and laws. Executives and employees of SK crypto exchanges were barred from trading on their platforms. A Chinese chipmaker launches chip that supports ETC and ETH mining. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
The City of Seoul Will Create a Cryptocurrency for Citizen Rewards
The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November.
Korean Crypto Scam Fleeced Investors for Over $18.5 Million
Police have reportedly used AI to spot a cryptocurrency Ponzi scheme in South Korea that cheated investors out of $18.5 million.
