Major South Korean exchanges delist Litecoin (LTC). Major concern towards the privacy features of the new MWEB upgrade. South Korea is extremely stringent towards the safety protocols after the Terra LUNA tragedy. The delisting and ban of Litecoin (LTC) was indeed highly evident more than two weeks back. Ever since,
MarketAcross, the world’s leading blockchain PR and marketing agency has been named the official global media partner for Asia’s flagship blockchain event, Korea Blockchain Week (KBW). The event is held after two years break due to the COVID-19, between August 7 to 12, the KBW22 will be placed in the
As a matter of fact, the crypto fever started earlier this month and the panic level raised among the entire crypto market. Being in this state, $LUNA – a popular crypto token which was waving its flag high, suddenly dropped down hitting to the lowest at $0. As soon as
LTC brings out new privacy protocol updates. Exchanges worried over the new update. LTC may face the same fate as that of LUNA. Usually, a token gets an update to upgrade itself, specializing it more for the users. More the users and circulation, more will be the value of that
The legislation proposal to merge Bitcoin and other Cryptocurrencies into the country’s institutional framework will provide protection for people to invest with digital assets. And the legislation has 110 policy goals announced by Yoon Seok-youl, the new president of South Korea. South Korea’s new leadership will complete the legal framework
South Korea allocates a sovereign wealth fund of $200 billion upon Metaverse. This will be done through the Korea Investment Corp (KIC). KIC reported to concentrate on Metaverse and Artificial Intelligence vividly. The world truly knows the epic potential of South Korea. Being such a well developed and futuristic country,
The South Korean parliament had postponed introducing a 20 percent tax. The presidential candidate even wants to authorize domestic ICOs. The conservative People’s Power Party of South Korea has nominated Yoon Suk-yeol to run in the country’s forthcoming March presidential elections. During an appearance at the party headquarters on Wednesday,
A 20 percent tax would be imposed on earnings exceeding 2.5 million won. Taxing virtual assets has been postponed until 2023. Bitcoin’s momentum has been stifled since its all-time high of $67.5k. Many analysts’ predictions of Bitcoin reaching $100k by the end of the month turned out to be a
In political history, raising elections funds in digital assets and distributing non-fungible tokens (NFTs) for all the supporters is an innovative idea planned in South Korea. For the upcoming presidential election, the nominated candidate Lee Jae-Myung is campaigning about his unique initiative to his supporters. Through this, all the woo
Gyeonggi province had captured 6.1 billion won in cryptocurrencies. The regulators have organized an investigation of 29,656 companies. The frozen food company CEO had 600 million won in cryptocurrency. Gyeonggi Province is one of the most populous provinces in South Korea. In last week Gyeonggi province has announced that it
