Tag: South

0 31
Posted in Crypto Update

Naver Corp unveils South Korea’s answer to ChatGPT and generative AI

South Korean tech company Naver Corp has unveiled its answer to OpenAI’s ChatGPT — named CLOVA X…

0 32
Posted in Crypto Update

GenZ in South Korea prefer XRP and other altcoins to BTC and ETH: Report

GenZ cryptocurrency investors in South Korea are reportedly more keen to invest in altcoins, specifically Ripple (XRP)…

0 33
Posted in Crypto Update

South Korean city to seize crypto from thousands of tax evaders: Report

The South Korean city of Cheongju, the capital of North Chungcheong province, has said it intends to…

0 42
Posted in Crypto Update

Anthropic AI raises $100m from South Korea to bolster telecommunications industry

Artificial intelligence (AI) developer Anthropic announced on Aug. 13 that it is receiving an additional $100 million…

0 43
Posted in Crypto Update

How Anti-Gambling Regulations Indirectly Boosted Crypto in South Korea: Tiger Research Report

Despite a small population of around 50 million in South Korea, the region has drastically taken control…

0 32
Posted in Crypto Update

South Korea arrests Bitsonic CEO for stealing $7.5 million of users’ money

The CEO of the crypto exchange Bitsonic, who was under investigation for stealing investments and deposits, was…

0 36
Posted in Crypto Update

Genesis Digital Assets opens three new facilities in South Carolina in US expansion

Bitcoin miner Genesis Digital Assets (GDA) announced on Aug. 1 that it has launched three new data…

0 43
Posted in Crypto Update

South Korea to pilot CBDC in one of these three cities, not Seoul

The Bank of Korea has narrowed down three regions for the piloting of its central bank digital…

0 36
Posted in Crypto Update

South Korea strengthens crypto regulation with LEI adoption and crime unit

South Korea has established an interagency investigation unit to combat cryptocurrency crimes, aiming to address the rise…

0 26
Posted in Crypto Update

South Korean central bank charts out future course of payment systems, CBDC

The South Korean central bank (BOK) has published its 2022 Payment and Settlement Systems Report. Oversight of…