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LG to Launch Crypto Wallet Wallypto Later This Year


LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software...

Kakao’s Arm Strikes Real-name Banking Deal with Coinone Crypto Exchange


Kakao Bank, the biggest neobank in South Korea and an offshoot of the internet giant Kakao, has confirmed it has sealed a partnership deal that will see it provide real-name banking services for customers of the crypto exchange Coinone. The deal finally puts an end to months of speculation...

South Korean Telecoms Giant LGU+ Moves Deeper into NFT Space


LGU+, one of South Korea’s biggest telecoms firms, will issue a new batch of non-fungible tokens (NFTs) next month – as it looks to move further into the crypto and blockchain sectors.... Read More: South Korean Telecoms Giant LGU+ Moves Deeper into NFT Space

South Korea’s Central Bank Calls for End to ICO Ban


South Korea’s blanket ban on initial coin offerings (ICOs) could finally be on the way out after the central Bank of Korea (BOK) spoke out in favor of policy change. The ban was first put into place in late 2017 as crypto fever took hold in the country and the government responded with a series...

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