2021 was a year of change in South Korea as the administration announced several legislations in the crypto-space. And now, at the start of 2022, a new announcement from the National Statistical Offic...
Tag: South
South Korea’s Central Bank Completes Phase One of CBDC Pilot
The Bank of Korea (BOK) has announced the successful completion of the first phase of its two-phase central bank digital currency (CBDC) pilot. The BOK has hinted that the second phase of the digital ...
South Korea Adds Cryptocurrency to Annual Household Finance Survey
The National Statistical Office of South Korea has announced that it will add cryptocurrency to its annual household finances report. The data will help in its effort to tax the crypto market starting...
South Korea Completes The First Phase of its CBDC Testing Program (Report)
The central bank of the East Asian country – Bank of Korea (BoK) – has reportedly carried out the first stage of its two-part mock testing of its CBDC in December. The institution also revealed that t...
Brazil touted as the hub of Crypto Exchanges in South America
Crypto exchanges to soon have their hub in Brazil as regulations ease for many Significant economic imbalances have caused severe repercussions in the financial sector Locals traded $11.4 billion in ...
Storm Brings Rare Heavy Ice, Snowfall To Virginia And The Carolinas
Topline A storm brought ice and snow overnight Friday to parts of the South that don’t usually see that kind of winter weather for the second time in less than a week. Richard Fuller, 45, shovels a si...
Building A Bitcoin Economy in South Africa
As crypto acceptance broadens, impacts on the lives of those who hold it grow too. South African Hermann Vivier used Bitcoin to empower township communities who could benefit the most from crypto fina...
Florida And South Texas Bracing For Rare Winter Storm—These Impacts Could Hit The South
Topline A highly unusual southern winter storm is set to bring icy conditions all the way down to the Gulf Coast Thursday night, according to the National Weather Service, ushering in potentially dang...
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions – Taxes Bitcoin News
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indica...
ICOs Could Be Returning to South Korea
Key Takeaways South Korea’s leading presidential candidates have stated support for lifting the country’s ban on ICOs. The Korean government banned ICOs in 2017 due to the heightened risk ...
South African Crypto Regulation Coming in 2022, Say Crypto CEOs
Regulations from the South African Reserve Bank and the Financial Sector Conduct Authority that promote legitimate partnerships of crypto firms with banks are expected in South Africa in 2022. South A...
South Korean Movie Industry Embraces NFTs by Offering Merchandise and Collectible Tickets
To attract more viewers, the movie industry in South Korea has gone a notch higher by incorporating non-fungible tokens (NFTs) as a marketing tool. With NFTs taking the world by storm, the Korean mov...
Over 2,800 U.S. Flights Canceled As Winter Storm Strikes South
Topline Airlines canceled more than 2,800 flights Sunday, according to flight tracker FlightAware, as a winter storm struck parts of the South before heading North. A Department of Transportation truc...
Proportion of South African Crypto Holders Grows to 11.3%, 56% of Crypto Owners Hold Bitcoin – Emerging Markets Bitcoin News
The number of surveyed South Africans that own crypto grew marginally from 10.3% in October 2021, to 11.3% in December 2021. With this rate of ownership, South Africa is now ranked number 21 out of th...
Lawyer Points to Agreement Relating to Johann Steynberg’s Extradition to South Africa – Regulation Bitcoin News
With Johann Steynberg now in custody in Brazil, a lawyer has suggested that South Africa may have to resort to an existing legal assistance agreement with Brazil if it wishes to have the CEO extradite...
South African Police Launch Investigation into Alleged Crypto Fraud
The police in South Africa are looking into a possible crypto scam case after an investment company attempted to reimburse some investors from the now-defunct Africrypt exchange. Police Launch Closer ...
Investors Seek Criminal Charges After $3.6B Billion Bitcoin Theft in South Africa
Raees and Ameer Cajee, the brothers behind crypto platform Africrypt, have not been seen since the two allegedly made off with $3.6 billion in Bitcoin last summer. And amid the recent dip in markets, ...
South African police investigating alleged Africrypt bitcoin scam
advertisement Authorities in South Africa have launched an investigation into the Africrypt bitcoin (BTC) investment saga, according to Bloomberg on Tuesday, following complaints by people affected by...
Report: Investors in South Korea turn to crypto as gold prices struggle
After the U.S. Fed’s announcement of tapering took crypto for a spin, a similar situation is arising in South Korea’s domestic market, as per local reports. After raising the base rate twice to the 1%...
How South Africa Will Be A Key Factor In Cardano Growth in 2022
Crypto reviewer and researcher, Max Maher, bluntly says Cardano missed the train to $100 billion DeFi sector’s rise the previous year. However, he also added that it appears that certain catalysts are...
Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors – Regulation Bitcoin News
A group of investors in Africrypt are reportedly pushing to have criminal charges pressed against directors of the now-defunct cryptocurrency investment platform. Opponents of the move have argued tha...
South Korea Holds Economics 101 Class For Covid Era
A cameraman films a screen showing South Korea’s benchmark stock index at the lobby of the Korea … [+] Exchange in Seoul on January 3, 2022, on the first trading day of the new year. JUNG ...
North Korea Test-Fires Suspected Ballistic Missile As South Korea’s Moon Seeks Dialogue
Topline North Korea on Wednesday fired a suspected ballistic missile into the sea in its first such test launch in about two months, in a move that is likely to further disrupt the resumption of its s...
South Korean presidential candidate to use NFT to raise campaign funds
Lee Jae-Myung of the ruling Democratic Party is looking to use non-fungible tokens (NFTs) to fund his presidential campaign. A report unveiled this news on January 2, noting that Jae-Myung intends to ...
NFTs to be used by ruling South Korean party to fundraise elections
TL;DR Breakdown Non-Fungible tokens will be issued for the DPK election fundraiser. Former Minister of SME announced its support for NFT Based Funding As per the recent news update, the current Democr...