Thailand’s $1B crypto sacrifice, Mt Gox remaining deadline, Tencent NFT app nixed: Asia Categorical

Our weekly roundup of stories from East Asia curates the industrys most essential developments.

South Korea’s plans for metaverse domination are gathering tempo. A Mar. 8 doc ready by the Ministry of Science and Data and Communication Expertise (ICT), the Nationwide IT Trade Promotion Company, and the Korea Radio Promotion Affiliation, says the three entities will make investments a complete of 27.7 billion Korean gained ($21 million) in metaverse initiatives throughout 13 sectors corresponding to healthcare, tourism, and schooling. One instance use case is about telemedicine within the metaverse:

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