South Korean blockchain experts believe the government has to play a key role in facilitating and promoting the digital asset market.
The Korea Digital Asset Industry Committee comprising of leading Blockchain experts in South Korea has called for the formation of a government committee dedicated to helping and advancing digital asset businesses in the country.
The group of experts gathered on Thursday to discuss various ways in which Korea could become a leading digital asset market and what role the should government play to achieve that. The experts believed that blockchain and cryptocurrencies would become pivotal tools for the fourth industrial revolution.
The blockchain experts called upon the government to support the nascent cryptocurrency industry along with other emerging use cases such as decentralized finance, decentralized autonomous organizations nonfungible tokens, and the metaverse., given nearly 200 small to medium-sized crypto exchanges had to shut their operations after regulators mandatory for crypto exchanges to form real-name bank accounts for users.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Make Way for Miky Lee: How the Super Producer Took South Korean Pop Culture GlobalNeon CEO Tom Quinn on Miky Lee: “It’s so rare for anyone in that position to actually have a true singular taste for — and consistently so — directors of the caliber of Bong Joon Ho and Park Chan-wook.”
Read more »
Disney+ Shares Details for Upcoming Korean Drama OriginalsThe streamer's first K-drama hit, 'Snowdrop,' has generated some controversy in Korea but become one of the most-watched shows throughout Asia.
Read more »
Harvard senior's Disney-inspired Korean musical a hit onlineThe 22-year-old Korean American senior wrote “Shimcheong: A Folktale.” It is a full-length musical inspired by a Korean folktale with a decidedly Disney movie vibe. Julia Riew did it as part of her thesis.
Read more »
Korean Fried Chicken, But Make It Crispy ChickpeasThe sweet-spicy yangnyeom sauce in Eric Kim’s debut cookbook Korean American will be good on nearly everything.
Read more »
The Complete History of Cryptocurrency in 2800 Words | HackerNoonCurious about the history of cryptocurrency? Covering Blockchain as early as 1991, we've outlined the history of digital assets in this unbiased fintech review
Read more »