Tag: South Korea
Kangwon Land Inc. Receives Fine Of US$2.39 Million For 182 AML Violations
Kangwon Land Inc., the company behind the Kangwon Land Casino, the single resort venue in South Korea where is possible for local citizens to enter and gamble, [more…]
Junkyard Gem: 2000 Daewoo Leganza CDX
After Hyundai prospered selling cars in the United States during the middle 1980s and then Kia Motors jumped in nearly a decade later, prospects must have seemed [more…]
SEC Collaborates with South Korea in Probing Terraform Labs and Do Kwon
The U.S. Securities and Exchange Commission (SEC) has secured approval to collaborate with South Korea in its probe against Terraform Labs and its co-founders, Daniel Shin and [more…]
South Korea Advances CBDC Pilot Project: Jeju, Busan, and Incheon Selected as Test Regions
South Korea is advancing its efforts to implement a central bank digital currency (CBDC) by narrowing down three potential regions for a pilot project. The Bank of [more…]
World Poker Tour Intends To Hold Next Promotion On A Cruise Ship; Grows Influence In Asia
Recently, the World Poker Tour (WPT) revealed that it will be hosting a “WPT Voyage 2024” promotion on a cruise ship, making stops around the Caribbean, according [more…]
Korean Prosecution Investigates Cypto Coin WEMIX Issuer WeMade and Hyperism Simultaneously
The Korean prosecution has simultaneously raided WeMade, the issuer of the cryptocurrency WEMIX, and Hyperism, the asset management company responsible for WEMIX’s market making. This incident comes right [more…]
South Korea’s Crypto Protection Law Advances in Assembly
In a landmark move for South Korea’s cryptocurrency sector, the Cryptocurrency User Protection Act (also known as the Cryptocurrency Investor Protection Law) has successfully passed through the [more…]
Mohegan Recruiting Ahead of the Inspire Resort December Launch in South Korea
The US gaming operator and integrated resort developer, Mohegan Gaming and Entertainment, held a recruitment event on June 20, 2023 in southern Seoul to make the first [more…]
The Asian Poker Tour Schedule: A Summer Full of Fun
The Asian Poker Tour (APT) is about to begin! The Tour, whose sponsor is Natural8, finally announced some Series dates for new events in APT Summer Series. [more…]
South Korea Grants Central Bank More Power Over Crypto
The Bank of Korea (BoK) has been granted increased power to investigate cryptocurrency service providers and issuers, as discussions on virtual asset legislation continue in South Korea. [more…]
Crypto Staking in South Korea: Balancing Innovation and Regulation
The examination into crypto staking services supplied by South Korean exchanges that was conducted by the Financial Supervisory Service (FSS) has brought to light the difficulty of [more…]
South Korea Regulator Probes Crypto Staking Services
The Financial Supervisory Service (FSS) of South Korea has begun an inquiry into the cryptocurrency staking services provided by local exchanges such as Upbit, Bithumb, Korbit, and [more…]
Smart 3D-printed contact lens could offer AR with no headset
Scientists have been able to 3D-print smart contact lenses that could potentially be used for augmented reality (AR)-based navigation. A team of scientists from KERI (Korea Electrotechnology [more…]
Seoul Sanctions North Korea Over Crypto Theft
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say [more…]
Non-Gaming Content in Incheon Casino Will Be Finished by the End of 2023
Mohegan Tribal Gaming Authority, one of the leading casino operators in the United States, is working on constructing its new casino resort Inspire Korea. The casino will [more…]
South Korean Officials Confirm They Sent Team to Serbia to Find Do Kwon
Do Kwon, the controversial inventor of the now-defunct Terra ecosystem, is the subject of an escalated manhunt, with reports indicating that South Korean authorities have confirmed they [more…]
Junkyard Gem: 1988 Hyundai Excel GL Sedan
I was going to college in Southern California in 1986, driving an affordable Detroit hooptie like most of my peers (because only a nobody walked), when I [more…]
Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a [more…]
Travel restrictions ahead of Chinese New Year impact Chinese gambling destinations
Beijing states that various countries are ”taking discriminatory entry restriction measures targeting China” after the country saw a rapid decline in COVID-19 cases and opened up to [more…]
An Increase in Grand Korea Casino Sales During the Last Year
Grand Korea Leisure Co Ltd, a South Korean operator who is in charge of foreigner-only casinos, had an incredibly successful last year. The great increase: Casino sales [more…]
Litecoin’s Privacy Upgrade Raises Concerns from Korean Crypto Exchanges
Litecoin’s privacy-centric Mimblewimble upgrade has crypto exchanges in Korea worried about how to accommodate LTC holders in a compliant manner. Mimblewimble, which was pushed through a Litecoin [more…]