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South Korean Merchants Open to Accepting Digital Yuan
10.6.2020
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future
South Korea’s NH Bank Forms Blockchain Financial Services Consortium
10.6.2020
The South Korean NH NongHyup Bank has announced a memorandum of understanding to research and develop blockchain-based financial services through a new consortium
South Korea Edges Closer to CBDC Rollout Without Any Comitment
9.6.2020
The Gwangandaegyo or Diamond Bridge in Busan, South Korea. The South Korean central bank has reaffirmed its digital currency plans – but continues to add disclaimers, refusing to commit to launching a digital version of its won fiat currency.
Per newspaper Hankyoreh, the central Bank of Korea (BOK)...
South Korean City Opens Public Services to Blockchain-Based ID App
9.6.2020
South Korea’s second-largest city, Busan, will let its citizens access government services using a blockchain-based identification app developed by Coinplug
South Korean Crypto Exchange Is First to List Kakao’s Token
6.6.2020
Kakao’s KLAY token is now trading with a South Korea won pairing despite the country’s restrictions on ICOs
Crypto Integration Brings Thousands of New Users to Popular Chat App
4.6.2020
The 100k user milestone represents 2% of Kakao’s current user base in South Korea
Decentralized Identity Could Replace All Login Functions, Says LG
3.6.2020
A representative of LG’s information technology subsidiary LG CNS told Cointelegraph that blockchain-based identity systems could replace all login functions
South Korean Prosecutors Freeze Crypto Wallets of Suspected Child Porn Ring Chief
2.6.2020
A Seoul court granted the petition demanded by the prosecutors to freeze crypto wallets owned by the head of the Nth Room case
Exclusive: Binance Korea to Integrate Coinfirm Real-Time AML Monitoring
1.6.2020
Binance Korea will be using an anti-money laundering solution developed by Coinfirm, as the country requires a high level of regulatory compliance for crypto
Samsung May Have Appointed New Blockchain Leadership
30.5.2020
South Korean tech titan names Woong Ah-yoon as the head of their blockchain division
South Korea to Start Taxing Bitcoin Profits in 2021
29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...
South Korea's ICON Releases Blockchain Interoperability Protocol
29.5.2020
South Korea’s largest public blockchain, ICON, has released its Blockchain Transmission Protocol, allowing individual blockchains to interact and communicate with each other
LG Shows Interest in Distributed Ledger Technology, Joins Hedera Hashgraph Governing Council
28.5.2020
South Korea’s electronic giant exhibits interest in distributed ledger technology
South Korea is Exploring New Crypto Tax Laws
27.5.2020
The government of South Korean is preparing to legislate crypto taxes by proposing a new amendment to the existing law
Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm
26.5.2020
Decentralized identity solutions might be blockchain’s killer app
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
Advances in Blockchain Drives Banks Toward Digital Currencies, Says Bank of Korea
19.5.2020
Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report
COVID-19 Incentivizing Crypto and Leading Mainstream Adoption
17.5.2020
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular
Another Exchange Delists Monero Amidst Ongoing Sex Scandal
15.5.2020
Another cryptocurrency exchange delists XMR in South Korea in the midst of the Nth room sex scandal case