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South Korean Bankers, Crypto-advocates Hope to Drive Crypto Tax Law
4.2.2020
South Korea is inching closer to crypto tax legislation after a gathering of bankers, politicians and blockchain industry officials appeared to reach a consensus at a meeting held at the country’s parliament in Seoul.
Per Jose Ilbo, the event was co-chaired by the Korea Blockchain Association,...
Politician to Form Blockchain-powered Party + More News
3.2.2020
National Assembly Building in Seoul. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Former presidential candidate, tech entrepreneur and leading South Korean...
China Worries Driving South Korean Central Bank to CBDC Research
3.2.2020
The South Korean central bank is launching a second central bank digital currency (CBDC) team – a year after disbanding its first group of CBDC researchers.
The central Bank of Korea (BOK) announced its intentions to launch the new unit, which it says will conduct CBDC-related research, in what...
New Law May Kill Smaller South Korean Crypto Exchanges + More News
28.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Smaller South Korean exchanges could be forced to close if the government pushes ahead with plans to impose tighter...
South Korean Army to Use Blockchain-powered ID Solution + More News
22.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Cryptocurrency news
A South Korean blockchain authentication solution developed by a private company will be adopted by...
South Korean Bankers 'Fear' Starbucks Crypto Threat
21.1.2020
A report from South Korea claims that bankers in the country are concerned about the rise of an unexpected crypto threat – American coffee shop chain Starbucks.
Per the Korea Times, banking professionals have theories about the company’s digitization plans, and worry that they will fall behind when...
Bitcoin.com Partners With Mecon Cash, Enabling BCH to Korean Won Withdrawal at Over 13,000 ATMs Across South Korea
20.1.2020
Bitcoin Cash has been added to Mecon Cash’s M.Pay platform which is integrated with over 13,000 ATMs in South Korea. By making bitcoin cash usable for withdrawing won across the country, Mecon Cash is ensuring that BCH users in Korea can always make urgent and small transactions in any place...
Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
17.1.2020
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply...
Anxious S Korean Crypto Exchanges Prepare for Crunch Talks with Banks
16.1.2020
Source: iStock/ma-no
Nervous South Korean cryptocurrency exchanges are preparing to renew their banking deals with domestic banks – with media reports claiming exchanges are feeling “pessimistic.”
Per Newsway, the country’s “big four” exchanges, the market-leading Bithumb, Upbit, Coinone...
South Korean Firms Use Blockchain Technology To Safeguard Online Gaming
16.1.2020
Leading tech startup Bloom Technology and game studio Bluside have announced the news about their collaboration focused on employing the expertise of blockchain technology to the new Kingdom Under Fire game. The two reputed South Korea-based firms have teamed up to infuse blockchain technology into...
UN Warns Against Attending North Korean Crypto Conference Next Month
15.1.2020
The United Nations says attending North Korea's cryptocurrency conference in February would likely be a violation of sanctions
United Nations Says Stay Away From North Korean Crypto Conference
15.1.2020
U.N. sanctions experts have warned the public against attending a cryptocurrency conference in North Korea
Binance to Launch Korean Support Center Following Investment in Local Startup
14.1.2020
Binance has made its first direct investment in a South Korean startup as part of a deal to launch a support center in the country
Constitutional Court to Rule on Legality of South Korean Crypto Ban
14.1.2020
South Korea’s Constitutional Court is set to pass judgment on the legality of measures taken by the country’s government during its partial crypto crackdown of late 2017 to 2018.
Seoul intervened with a series of emergency measures during the late 2017 bull run, which saw a massive spate of South...
South Korean Crypto YouTuber’s Attacker Flees to Australia + More News
13.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
There have been further developments in the case of a South Korean cryptocurrency YouTuber who was left badly injured...
Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone
10.1.2020
South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will...
Popular Korean Crypto YouTuber Badly Beaten After Threats From Angry Investors
10.1.2020
A South Korean crypto YouTuber has been assaulted at his home, with some suggesting the attackers may have been upset investors
North Korean Hackers Now Using Telegram to Steal Crypto: Kaspersky
9.1.2020
Hacking group Lazarus is developing sophisticated new techniques to steal cryptocurrencies from victims
North Korean Hacker Group Modifies Crypto-Stealing Malware
9.1.2020
The Lazarus hacker group — widely believed to be sponsored by North Korea — is deploying new viruses to steal cryptocurrencies, Kaspersky states
How Much Do South Korean Cryptocurrency Exchange Employees Make?
8.1.2020
Barely a day goes by without news coming out of South Korea’s cryptocurrency exchanges. The country has a wide array of trading platforms, mostly based in the affluent Gangnam region of Seoul, housed in plush, shiny new office buildings.
But in this hyper-competitive, super-trendy trade, who pays...