South Korea: Financial Watchdog Chief Says Crypto Can Be Subject to Capital Markets Law

The governor of the South Korea Financial Supervisory Service (FSS), Lee Bok-Hyun, has indicated that digital belongings might type a part of the nation’s securities and capital markets regulation. Mr Lee said at a press convention, “I disagree with the view that some digital belongings should not have components that may be acknowledged as monetary funding merchandise … Read more

Terra LUNA & LUNC Crash After South Korea Issues Warrant for Do Kwon

According to a textual content message from the prosecutor’s workplace cited by Bloomberg, the Seoul court docket has issued a warrant for the arrest of Terra co-founder Do Kwon and 5 further individuals. The warrant was reportedly related to a violation of capital market rules that led to the $40-billion rout. In a lawsuit, Bragar Eagel & … Read more

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North Korea Passes Law Declaring Itself a Nuclear Weapons State

SEOUL (Reuters) – North Korea has handed a regulation formally declaring itself a nuclear weapons state, a standing that chief Kim Jong Un talked about is “irreversible” and that there could possibly be no denuclearisation negotiations, state media reported on Friday. (Reporting by Josh Smith; Editing by Himani Sarkar) Copyright 2022 Thomson Reuters.

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Researchers in South Korea transmit power wirelessly using infrared light

A crew of researchers from Sejong University in South Korea have efficiently used infrared light to wirelessly transmit power over a distance of 30 metres. While testing the wi-fi laser charging system, the researchers safely transmitted 400 mW of light and used it to power an LED light. “We might use this know-how to produce … Read more

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