Thailand’s $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express By Cointelegraph

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

Our weekly roundup of news from East Asia curates the industrys most important developments.

South Korea’s plans for metaverse domination are gathering pace. A Mar. 8 document prepared by the Ministry of Science and Information and Communication Technology (ICT), the National IT Industry Promotion Agency, and the Korea Radio Promotion Association, says the three entities will invest a total of 27.7 billion Korean won ($21 million) in metaverse projects across 13 sectors such as healthcare, tourism, and education. One example use case is about telemedicine in the metaverse:

The South Korean government is betting big on the development of VR (Korean Tourism Organization)
A Tencent Huanhe digital collectible. (8btc)
A Canaan Avalaon ASIC miner (eBay (NASDAQ:))

Continue Reading on Coin Telegraph

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

Our weekly roundup of news from East Asia curates the industrys most important developments.

South Korea’s plans for metaverse domination are gathering pace. A Mar. 8 document prepared by the Ministry of Science and Information and Communication Technology (ICT), the National IT Industry Promotion Agency, and the Korea Radio Promotion Association, says the three entities will invest a total of 27.7 billion Korean won ($21 million) in metaverse projects across 13 sectors such as healthcare, tourism, and education. One example use case is about telemedicine in the metaverse:

The South Korean government is betting big on the development of VR (Korean Tourism Organization)
A Tencent Huanhe digital collectible. (8btc)
A Canaan Avalaon ASIC miner (eBay (NASDAQ:))

Continue Reading on Coin Telegraph

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