Many companies and industries are incorporating Web3 technologies into their business structures, and the travel industry is no exception. On Wednesday, Flybondi, an Argentinian airline, announced a strategic alliance with TravelX, a blockchain technology company responsible for tokenizing flight tickets. The partnership…
Complying with the rules puts South Korea ahead of the curve for regulating virtual assets but could be harming the domestic industry with overbearing transfer restrictions between exchanges. South Korean crypto exchanges have reached the government-mandated deadline to come into…
Starting Friday, traders and managers of virtual asset trades must share customer data for transactions exceeding one million won under a global standard known as “the Travel Rule.” The Korea Financial Intelligence Unit under the Financial Services Commission announced that the rule will apply…