South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track suspicious cryptocurrency transactions. Developed with local digital asset
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South Korean government to launch crypto transaction monitoring system
Crypto exchanges subject to a new South Korean law have implemented a system allowing authorities to receive reports on suspicious transactions.
Read moreSouth Korea’s 2nd largest chipmaker to invest $75B in AI through 2028
The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul.
Read moreSouth Korean crypto firm Hashed Ventures expands to Abu Dhabi: Report
Hashed Ventures said it’s in talks with other South Korean crypto firms to help bring them to Abu Dhabi.
Read moreEnforcement of South Korean virtual assets law prescribed in decree
The details of enforcing the Protection of Virtual Asset Users Act are not contained in the bill, which comes into force July 19.
Read moreAva Labs brings intellectual property management to K-pop industry
According to a market report from Allied Research, the South Korean pop music industry will be valued at $20 billion by 2031.
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