South Korean court rules NFTs as speculative and not protected under legislation

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CoinGeek 2 mo ago

South Korean court rules NFTs as speculative and not protected under legislation - CoinGeek

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The post South Korean court rules NFTs as speculative and not protected under legislation appeared first on CoinGeek.

Wemade CEO Henry Chang told reporters that “the new government came a hundred days ago and the current government considers modifying the law to allow blockchain games in Korea.

Enthusiasts are optimistic that the restriction on the game will be lifted sometime in 2023 following the positive stance of the country’s new president towards the virtual currency industry.