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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
Crypto Community Fears North Korean BTC Sell-Off Amid Rumors of Kim Jong Un’s Death
27.4.2020
North Korean leader’s reported health issues cause the crypto community fear of the a regime crypto sell-off
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
Solana Blockchain Adds Korean Stablecoin Terra for Better Payments
16.4.2020
Solana is adding the Terra stablecoin in an effort to bring "novel applications that require price-stable payments" to its high-throughput blockchain
‘Dismayed’ Blockchain Startups Excluded from S Korean Tax Support Plan
8.4.2020
South Korean blockchain companies say they are “deeply disappointed” by the news that they will be excluded from a support program for small- and medium-sized enterprises (SMEs) in the worst-hit parts of the nation, helping them deal with the financial aftermath of the coronavirus pandemic.
Per...
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
It's Happening: S Korean Central Bank Unveils Plans to Pilot a CDBC
6.4.2020
Source: Adobe/Photo-maxx
The South Korean central bank, the Bank of Korea (BOK) is “one step closer” to launching a pilot for a central bank digital currency (CBDC) and could start piloting a token as early as December this year – in line with central banks in other regions, which are also thought...
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...
Binance Unveils Korean Crypto Exchange ‘Binance KR’ on Binance Cloud
31.3.2020
Binance is all set to expand its operational geographic dimensions with the launch of “Binance KR” on the Binance Cloud platform. The renowned crypto exchange will launch the South Korean exchange on the cloud solution to kickstart its journey in the region’s marketspace. The news comes summed...
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...
Korean Nth Room Police Hunt 260K Crypto Wallets, Brokerages Hand over Client Data
26.3.2020
South Korean crypto exchanges are cooperating with the police investigation into the Telegram “Nth room” sexual exploitation case, with brokerages now being searched, and exchange data seized and hundreds of thousands of crypto-fiat gateway records checked.
Per a number of South Korean media...
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
S Korean Province to Fight COVID-19 Recession with Stablecoin Handout
25.3.2020
Suwon, the capital of Gyeonggi Province. South Korea was one of the first nations after China to be hit with a major coronavirus outbreak. But as the health crisis slowly abates in the East Asian nation, government authorities are now looking at ways to deal with COVID-19’s economic fallout.
But...
Interpol Enlists Korean Startup to Track Crypto on the Dark Web
21.3.2020
Interpol enlists a Korean startup holding patents for analyzing crypto flows across the deep net to help fight cybercrime across the dark web
Ripple’s Korean Partner Sentbe Praises Company for Enabling Financial Inclusion of Migrant Workers
20.3.2020
Ripple is arguably one of the most advanced crypto-blockchain projects in the world, partnering with more than 200 banks and other financial institutions across the globe. One of the major countries of focus for Ripple has been South Korea, which itself is among the fastest-growing blockchain hubs...
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