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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

INTERVIEW Chiliz spent 6 years learning about Korean market, and it's time to expand

Here’s an intriguing fact: baseball reigns as the most popular sport in Korea. Even among football fans, European teams are favored over local ones.

Sep 25, 2024By Lee Yeon-woo
[INTERVIEW] Chiliz spent 6 years learning about Korean market, and it's time to expand

Virtual asset custody gains traction in Korea amid legal hurdles

The market for virtual asset custody — a service that securely stores virtual assets for owners, primarily corporations — is once again gaining momentum in Korea.

Sep 24, 2024By Lee Yeon-woo
Virtual asset custody gains traction in Korea amid legal hurdles

Will Korea's STO legislation finally be approved?

Korea was an early adopter of fractional investing in physical assets, a trend that surged during the COVID-19 pandemic. Young investors, lacking substantial capital yet seeking diverse investment strategies, eagerly embraced these opportunities. The range of products is broad, including art, real estate and even livestock.

Sep 22, 2024By Lee Yeon-woo
Will Korea's STO legislation finally be approved?

Terraform Labs approved for bankruptcy wind-down after US SEC settlement

Terraform Labs received court approval on Thursday to wind down its operations in bankruptcy after agreeing to settle a U.S. Securities and Exchange Commission lawsuit accusing the company of defrauding cryptocurrency investors who lost an estimated $40 billion when the TerraUSD and Luna tokens collapsed in 2022.

Sep 20, 2024By Reuters
Terraform Labs approved for bankruptcy wind-down after US SEC settlement

Digital tokens to hit supermarkets in December

Starting in December, selected participants will be able to use digital tokens, converted from bank deposits, to make payments at domestic supermarkets and convenience stores, according to sources, Thursday.

Sep 20, 2024By Lee Yeon-woo
Digital tokens to hit supermarkets in December

Global crypto companies roll out expansion plans for Korea following Blockchain Week

Global crypto companies are announcing major partnerships during Korea Blockchain Week (KBW) 2024, driven by the country's enthusiasm and growth potential in the Web 3.0 sector.

Sep 4, 2024By Lee Yeon-woo
Global crypto companies roll out expansion plans for Korea following Blockchain Week

KBW 2024 focuses on convergence of blockchain with physical world

There are two worlds: the physical world, led by governments, and the digital world, led by blockchain technology. Think they're far apart? The gap between the two has already narrowed significantly, according to industry insiders, Tuesday.

Sep 3, 2024By Lee Yeon-woo
KBW 2024 focuses on convergence of blockchain with physical world

Financial regulator to conduct inspection of crypto exchanges

The financial regulator said Tuesday it will soon launch an inspection of virtual asset exchanges to check for any illegal or unfair transactions.

Sep 3, 2024By Yonhap
Financial regulator to conduct inspection of crypto exchanges

INTERVIEW New virtual asset law presents opportunity for legit crypto projects

Since the Virtual Asset User Protection Act — the first regulation specifically targeting Korea's crypto industry — took effect July 19, the domestic market has been in a state of flux.

Sep 2, 2024By Lee Yeon-woo
[INTERVIEW] New virtual asset law presents opportunity for legit crypto projects
  • Public-private committee dedicated to virtual assets to be launched this month

Turning goals into collectibles: K League, Chiliz transform fan engagement with blockchain

On a sweltering evening, Aug.16, at Seoul World Cup Stadium, Lucas Rodrigues da Silva of FC Seoul scored a crucial goal. Around 12,000 fans rose from their seats, some groaning in despair while others cheered in delight.

Aug 30, 2024By Lee Yeon-woo
Turning goals into collectibles: K League, Chiliz transform fan engagement with blockchain
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