Financial Services Commission (South Korea)

DoubleDown Interactive Announces Change in Independent Registered Public Accounting Firm

Retrieved on: 
Tuesday, February 21, 2023

SEATTLE, Feb. 21, 2023 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today announced that it has engaged Samil PricewaterhouseCoopers (“PwC”) as its independent registered public accounting firm for the fiscal year ending December 31, 2023, replacing Ernst & Young LLP (“EY”).

Key Points: 
  • SEATTLE, Feb. 21, 2023 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today announced that it has engaged Samil PricewaterhouseCoopers (“PwC”) as its independent registered public accounting firm for the fiscal year ending December 31, 2023, replacing Ernst & Young LLP (“EY”).
  • This decision was made in reference to the change in external auditor of DoubleU Games Co., Ltd., a Korean company and the controlling shareholder of the Company (“DUG”), which was mandated by the Act on External Audit of Stock Companies of Korea and the related regulations thereunder (collectively, the “Act”).
  • Pursuant to the Act, the Securities and Futures Commission of the Financial Services Commission of Korea has appointed PwC as the external auditor of DUG for the fiscal year ending December 31, 2023.
  • As such, the Company has determined that it would be in the best interest of the Company to engage the same auditor as its independent registered public accounting firm.

South Korea NFT Market Intelligence and Future Growth Dynamics Databook Report 2022: Big Names Enter the NFT Space to Remain Competitive as Traditional Marketing Agencies Face a Decrease in Demand

Retrieved on: 
Monday, January 9, 2023

NFT industry in South Korea is expected to grow by 47.3% on an annual basis to reach US$938.6 million in 2022.

Key Points: 
  • NFT industry in South Korea is expected to grow by 47.3% on an annual basis to reach US$938.6 million in 2022.
  • This is now getting translated into the blockchain realm as the non-fungible token (NFT) adoption grows exponentially in South Korea.
  • Notably, there are several reasons behind these firms introducing NFTs to retail customers and the general public in South Korea.
  • As a result, big names in the industry are entering the NFT space to remain competitive as traditional marketing agencies face a significant decrease in demand.

South Korea NFT Market Intelligence Report 2022: Market is Expected to Grow by 47.3% to Reach $938.6 Million in 2022 - Zero Tax on Digital Assets has Propelled the Adoption of NFTs - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 1, 2022

NFT industry in South Korea is expected to grow by 47.3% on an annual basis to reach US$938.6 million in 2022.

Key Points: 
  • NFT industry in South Korea is expected to grow by 47.3% on an annual basis to reach US$938.6 million in 2022.
  • The NFT Spend Value in the country will increase from US$938.6 million in 2022 to reach US$4902.2 million by 2028.
  • This is now getting translated into the blockchain realm as the non-fungible token (NFT) adoption grows exponentially in South Korea.
  • South Korea NFT Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
    South Korea NFT Market Size and Forecast by Key Assets, 2019-2028

ATFX Appoints Telmo Simoes as Managing Director of Institutional Sales (LATAM)

Retrieved on: 
Tuesday, September 13, 2022

LONDON, Sept. 13, 2022 /PRNewswire/ --FX industry veteran Telmo Simoes recently joined the ATFX team as Managing Director of Institutional Sales (LATAM).

Key Points: 
  • LONDON, Sept. 13, 2022 /PRNewswire/ --FX industry veteran Telmo Simoes recently joined the ATFX team as Managing Director of Institutional Sales (LATAM).
  • ATFX values his deep local experience, and his recruitment reflects the broker's commitment to providing localized services.
  • Therefore, ATFX strongly believes that Telmo's appointment will enhance the core executive competencies of the ATFX team.
  • ATFX is an award-winning currency pairs/CFD broker with a global presence offering customer support in over 15 languages.