Naver Corp unveils South Korea's answer to ChatGPT and generative AI
South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have...
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South Korean city to seize crypto from thousands of tax evaders: Report
City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to t...
Anthropic AI raises $100m from South Korea to bolster telecommunications industry
The Google-backed AI developer Anthropic raised $100 million in funding from South Korean telecommunications giant SK Te...
South Korea arrests Bitsonic CEO for stealing $7.5 million of users’ money
The Vice President of the crypto exchange would also be put on trial, but without preliminary detention.
Genesis Digital Assets opens three new facilities in South Carolina in US expansion
The company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas.
South Korea to pilot CBDC in one of these three cities, not Seoul
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the...
South Korea strengthens crypto regulation with LEI adoption and crime unit
The decision was driven by the country's concern over illicit activities in the crypto market and the desire to safeguar...
South Korean central bank charts out future course of payment systems, CBDC
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial tech...
From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10
South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the en...
Legal proceedings start for Terraform Labs co-founder in South Korea: Report
Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin's trial preparations in South Korea ar...
