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South Korean Government Turns to Blockchain Tech to More Reliably Store Clinical Diabetes Data
29.6.2020
The government has asked startup Sendsquare to develop a proof-of-concept blockchain registry to help analyze, anonymize and store clinical diabetes data
South Korean Government Labels Blockchain a Golden Opportunity
17.4.2020
A South Korean minister is calling to local firms to seize “golden” opportunities in the global blockchain market
Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation
28.3.2020
Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on...
South Korean Government to Grant $3.2 Million to Blockchain Companies
17.3.2020
A state-based pilot program aims to provide funding to nine blockchain startups in South Korea
Is the South Korean Government Teaching Children How to Use Crypto?
16.3.2020
Source: iStock/recep-bg
A revamped learning resource platform aimed at boosting entrepreneurship in elementary and middle school pupils teaches children how to raise digital tokens in online crowdfunding incentives.
Per Yonhap, the platform, which went live on March 16, aims to nurture “young...
South Korean Government Falsified Report Claiming 10% Tax on Crypto Transactions
9.12.2019
The Ministry of Finance of South Korea has put an end to the speculations and claims that were hovering over the Korean crypto industry in the past few weeks by refuting the report that stated that the regulatory authority had imposed 10% income tax on cryptocurrency investments. Cryptocurrencies...
Korean Government to Back Blockchain Startups With $9 Million Fund in 2020
29.10.2019
The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding
Korean Government Plans Action Over Risks of Resurgent Crypto Market
28.5.2019
With the price of bitcoin surging, the South Korean government has held an inter-agency emergency meeting over the risk for investors
South Korean Government Talks of ‘Overheated’ Market as Cryptos Soar
28.5.2019
Souce: iStock/SeanPavonePhoto
The South Korean government has held meetings with ministries to address skyrocketing cryptocurrency prices, while trading volumes rise quickly at domestic exchanges.
Per media outlets Kyunghyang Shinmun and SBS CNBC, the meetings have involved the finance ministry...