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TokenPost says the domestic cryptocurrency market is bigger than expected. As of the end of last year, there were 5.58 million actual users, and among them, 94,000 people held more than 100 million won. That’s about 1.7%, but the figures look quite substantial.
It was interesting to see that Meta has recently filed five trademark applications related to MetaPay. It seems to be preparing in earnest for virtual currency trading and digital payment platforms, and since it looks like it will also include lending and investment services, the scope is quite broad.
Meanwhile, there was also news related to Terra. Do Kwon said that by pushing ahead with Terra 2.0, they will launch a decentralized exchange as well. It was announced through an account called Phoenix Finance, but TokenPost pointed out that its actual nature is not clear.
Galagames is a different issue. It’s a P2E game that was found to be operating without undergoing domestic rating classification, and starting from the 21st, access from Korean IP addresses will be blocked. It seems like the regulatory side is moving quite quickly.
It also appears that the political world has a strong interest in blockchain. A candidate for Incheon mayor promised to turn the economic free zone into a blockchain special zone, and KT is also getting started in earnest by setting up an NFT business team in its R&D department. And since blockchain companies such as Blockchain.com, Dapper Labs, and MoonPay were listed in CNBC’s 50 Disruptive Innovation Companies, global attention seems to be quite intense as well.