Police in South Korea have contacted the country’s leading exchanges to freeze any funds linked to the embattled Luna Foundation Guard.
Search by tag: #south
Regulators in South Korea have issued a new report that offers a bevy of recommendations for how to properly govern the country’s crypto industry.
The country’s president elect is proving his crypto savvy by declaring there will be no tax on crypto investment gains until legislation can ensure consumer protections.
Okay Bears, a Solana-powered NFT topped OpenSea’s 24-hour sales charts on Thursday, whilst a South African fine-wine NFT auction takes off netting raising more than $180,000.
The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs.
The far eastern nation may again soon be at the forefront of the blockchain industry as its people are adopting NFT use at a tremendous rate.
Updated crypto regulations in South Africa could boost partnerships but potentially marginalize those who need it most, local experts warn.
The South African crypto exchange plans to expand its operation across more African countries and even into India with the new cash injection from major crypto VCs.
The government will provide $186.7 million to stimulate the growth of a Metaverse platform that it hopes businesses and industry will thrive in.