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Jobless South Korean University Graduates Are Increasingly Interested in Blockchain
26.5.2020
Can blockchain cure the country’s job creation woes?
South Korean University Announces New Blockchain Campus
23.5.2020
Suseong University closed a deal with the Korea Artificial Intelligence Association to launch a blockchain campus by 2021
South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’
18.5.2020
The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule.
According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...
Anonymous Crypto Payments Cause Problems for South Korean Child Porn Case
6.5.2020
IT experts believe that South Korean authorities could not track the crypto payments made from overseas exchanges
South Korean Police Trace 40 People Behind Crypto Payments In Child Porn Ring
27.4.2020
40 people involved in crypto payments on the “Nth Room” case were identified by the South Korean authorities
South Korean Social Gaming App Launches Blockchain-Based Platform
21.4.2020
Social media app GameTalkTalk has launched a blockchain project for gamers, which will offer three new features and a native token
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
South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations
6.4.2020
The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up
South Korea's Central Bank Launches Digital Currency Pilot Program
6.4.2020
South Korea's central bank is undertaking a CBDC pilot program, although it currently believes the need to issue a digital currency is slim
Will New P2P Legislation Hurt South Korean DeFi Industry?
1.4.2020
South Korean decentralized finance (DeFi) players have called for calm after some experts claimed that forthcoming legislation could effectively hamstring the nation’s fledgling DeFi market.
Many industry insiders have expressed alarm over a recent amendment made to a digital finance act pertaining...
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...
Major South Korean Crypto Exchanges Help Police In Child Porn Investigation
26.3.2020
South Korean police are reportedly working jointly with local crypto exchanges in the “nth rooms” child porn case
South Korean Crypto Exchanges Ready Compliance Measures as Clock Ticks
19.3.2020
South Korea’s landmark Special Financial Transactions Information Act amendment was promulgated earlier this week, a fortnight after the country’s parliament voted unanimously in its favor.
Although many industry players have been galvanized by it, others have warned that its stipulations – which...
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...
New South Korean Crypto Law May ‘Force 190 Exchanges to Close’
12.3.2020
While much of the South Korean crypto community is still celebrating the introduction of the country’s first-ever piece of crypto-specific legislation, others are warning that the overwhelming majority of crypto exchanges will likely go under once the new laws’ banking stipulations come into...
South Korean Gaming Giant Unveils Two Mobile Blockchain Games
9.3.2020
WeMade Tree, the blockchain arm of South Korean gaming giant WeMade, has announced that it will release two new major blockchain-powered mobile gaming titles.
Per Sports Kyunghan, the two titles will be named Bird Tornado for WEMIX and Aqua for WEMIX.
WEMIX is Wemade Tree’s new blockchain-powered...
South Korean Lawmakers Greenlight Strict Crypto AML Bill
5.3.2020
South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation
Breaking: South Korean Parliament Passes ‘Landmark’ Crypto Bill
5.3.2020
In a dramatic turnaround, the South Korean parliament, the National Assembly, has voted in favor of the country’s first cryptocurrency-specific legislation in the past few hours.
The amended Special Financial Transactions Information Act, which was approved by a National Assembly finance committee...
13,000 South Korean ATMs to Enable Litecoin Withdrawals
28.2.2020
Source: iStock/Ja'Crispy
Litecoin (LTC), the cryptocurrency created by Charlie Lee to be the “silver to Bitcoin’s gold” back in 2011, may be about to see more real-world use as more than 13,000 ATMs in South Korea enable LTC withdrawals directly to Korean won (KRW).
The Litecoin Foundation said...