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South Korean Won Gets Hammered With Increase In Foreign Investments
27.5.2019
The rise in trade by South Korean investors in foreign stocks and bonds in the previous quarter is threatening to push the Won currency further down. An increase of 51 percent was observed in foreign stocks and bond trades by Korean investors in the last three months alone according to data...
S Korean Bank Unveils ‘Country’s First Blockchain-powered Loans’
27.5.2019
South Korea’s Shinhan Bank says it has launched the nation’s first blockchain-powered loans.
The bank says that it will use blockchain-powered solutions to overcome hurdles for members of the general public applying for loans online, and will apply the technology to its scraping activities. In...
South Korean Gov’t Announces Second Study Group for Blockchain Regulations
22.5.2019
The South Korean government is running a second study on blockchain regulations, examining applications in logistics, healthcare, finance and energy
South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June
14.5.2019
The mainnet of Kakao’s blockchain platform Klaytn is set to launch in June of this year