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Kakao to Launch Browser Extension Wallet for Klay Crypto Before Dedicated App
2.12.2019
Kakao's in-development wallet for its "klay" cryptocurrency will support dapps and tokens based on the firm's blockchain tech. The bad news is the launch has been delayed
Regulatory Roundup: Germany to Let Banks Sell and Store Crypto, Laws Changing in Asia
2.12.2019
Some major regulatory developments in the crypto space have transpired this week. Not only has Germany passed a bill allowing banks to sell and store cryptocurrencies, but South Korea and Thailand are also amending their laws to better regulate the crypto industry. We also cover crypto news...
Vitalik Buterin Supports Petition to Free Arrested Blockchain Dev
2.12.2019
Ethereum co-founder Vitalik Buterin supports a decision to free arrested blockchain dev, Virgil Griffith, who is accused of providing “highly technical information” to North Korea
Crypto Community Erupts Over Ethereum Foundation Member’s Arrest
30.11.2019
On Friday the United States Attorney’s Office for the Southern District of New York (SDNY) announced the arrest of Ethereum Foundation member Virgil Griffith for allegedly “assisting North Korea in evading sanctions” by teaching “his audience how to use blockchain...
American Citizen Arrested For Educating North Korea On Blockchain And Crypto
30.11.2019
A U.S. citizen who traveled to North Korea to deliver a presentation on how to use blockchain and crypto to avoid sanctions was arrested at LAX
US Arrests Ethereum Developer for Training North Koreans to Evade Sanctions
29.11.2019
After attending a blockchain conference in North Korea in April, a developer at the Ethereum Foundation has been arrested in Los Angeles on Thanksgiving Day
UpBit Promises Swift Reimbursement, Theories Over Missing Funds Swell
28.11.2019
Details are still sketchy after UpBit hack, although some experts are skeptical to call it an “inside job.” Meanwhile, exchange’s operator confirms they are planning a quick reimbursement
Klaytn Blockchain Ahead of Facebook’s Libra Network, Says Kakao CEO
28.11.2019
The CEO of Kakao said that the Klaytn blockchain is similar to Facebook’s Libra network but more developed
Signs Point to Inside Job in Upbit Crypto Exchange Hack, Says Commentator
27.11.2019
In the wake of a 342,000 ETH theft from South Korean crypto exchange Upbit, commentators deem an inside job to be more likely than a hack
BREAKING: Crypto Exchange UpBit Confirms Theft of 342,000 Ether — $50M
27.11.2019
South Korean crypto exchange UpBit has confirmed that 342,000 ETH was sent to an unknown wallet and customer losses will be compensated
South Korean Committee Passes Bill Enforcing FATF Crypto Rules
27.11.2019
South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task...
South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies
26.11.2019
The national policy committee of the South Korean National Assembly has approved a bill that would provide a legal basis for cryptocurrencies in the country
South Korea Might Put Cryptocurrency Exchange AML Offenders to Jail
26.11.2019
South Korean regulators and parliamentarians are rapidly building up a legal framework that will help them police cryptocurrency exchanges, with non-compliant exchange operators potentially facing jail time.
Per news outlet Ilgan Today, the regulatory Korea Financial Intelligence Unit is seeking...
Bank of Korea (Bok) to Adopt “wait-and-see” Approach for Facebook’s Libra
25.11.2019
Where on the one hand, Facebook, the social media giant is fast pacing towards the launch of its stablecoin project Libra, central banks and regulatory authorities from around the world, on the contrary, are showing some serious concerns over the highly-controversial cryptocurrency project....
China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action
24.11.2019
How is China implementing blockchain in the public sector and will it be a blockchain-driven country of the future?
South Korea to Make Government-led USD 383m Blockchain R&D Drive
22.11.2019
The South Korean government will stump up USD 383 million worth of funding for Seoul-led blockchain research incentives over the next six years.
Per a report from ZDNet Korea, the country’s Ministry of Science and ICT plans to utilize the funds to develop original blockchain technology, with...
South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges
21.11.2019
A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements
LG and Kakao Partner to Bridge Public and Private Blockchains
21.11.2019
LG’s IT affiliate and Kakao’s blockchain subsidiary, Ground X, are teaming up to bridge public and corporate blockchains
In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes
20.11.2019
What if China’s digital currency undermined U.S. dominance of global finance? Former top Washington officials gamed out the scenarios Tuesday night
How Crypto and Blockchain Are Influencing Geopolitics
18.11.2019
Is crypto to be celebrated, or chastised? How will it affect the geopolitical picture around the world? Reading the tea leaves can be difficult #Sponsored