EddieJayonCrypto

 24 Jan 25

tl;dr

South Korea is testing a digital identity card system secured by blockchain, covering nine regions and available to residents aged 17 or older. The government aims to enhance security using advanced encryption and blockchain technology. Additionally, South Korea will issue digital residence cards fo...

South Korea Issues Digital IDs Secured by Blockchain

South Korea is testing a digital identity card system secured by blockchain, covering nine regions and available to residents aged 17 or older. The government aims to enhance security using advanced encryption and blockchain technology. Additionally, South Korea will issue digital residence cards for foreign nationals, with the same legal validity as physical cards. The move aligns with global trends as more governments explore digital identity.

In Thailand, the former Prime Minister advocates for legalizing digital assets and online gambling, citing potential economic benefits. Thaksin Shinawatra believes that Thailand should position itself to benefit from the global prominence of digital assets, calling for the legalization of digital asset payments and backing stablecoins.

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