South Korean Gaming Watchdog Won’t Budge on Tough Anti-NFT Stance
South Korea’s gaming regulator has reiterated its stance that games that feature tradeable non-fungible tokens (NFTs) cannot be distributed in the nation. As previously reported, in 2019, the Game Rating and Administrati...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
As previously reported, in 2019, the Game Rating and Administration Committee (GRAC) refused to issue a rating to Infinity Star, a game developed by the domestic firm NodeBrick – citing NFTs as its main reasoning....
Read More: South Korean Gaming Watchdog Won’t Budge on Tough Anti-NFT Stance
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
KSNET partners with Solana Foundation to bring Solana Pay to 330,000 South Korean merchants
The partnership could accelerate crypto adoption in Asia, enhancing Solana's market presence and potentially influencing regional...
7 Crypto Risk Controls Traders in South Korea Apply
Multiple studies of retail trading activity have reached the same conclusion: most active traders lose money over time, largely be...
South Korea confirms 20% tax on crypto gains starting january 2027
The new tax policy may shift South Korean crypto market dynamics, emphasizing regulatory compliance and potentially altering inves...
South Korea Busts $9M XRP Scam After Fake Staking Site Traps 71 Investors in Just 7 Days
Key Takeaways: Three suspects have been detained by South Korean police over a XRP investment scam worth 12.3 billion won. The gro...
Korean stocks are now more volatile than Bitcoin, and US bonds aren’t far behind
Increased volatility in Korean stocks highlights the risks of concentrated market dependencies, potentially impacting global inves...
Ripple Expands RLUSD Across South Korea’s Top 4 Exchanges
Ripple USD now trades across South Korea’s four largest cryptocurrency exchanges, expanding direct won access to one of the world’...