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Binance Enters Korean Market With New Business Entity
1.11.2019
Binance may have taken another step toward launching a crypto exchange arm in South Korea, according to a new business registration
Korean Presidential Committee Pushes to Legalize Crypto
31.10.2019
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto...
Korean Government to Back Blockchain Startups With $9 Million Fund in 2020
29.10.2019
The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding
As China Goes Blockchain, South Korea Pledges New Investment
29.10.2019
After China announced its new focus on the blockchain technology last week, South Korea follows suit with additional investments.
The country's government will invest some USD 12.8 million in blockchain projects in 2020, the Ministry of Science and ICT has confirmed.
Per Fn News, the ministry...
South Korea’s Jeju Island Announced the Launching of Blockchain Ecosystem for Tourism Industry
26.10.2019
Jeju Island, a Korean tourist destination, will soon have a blockchain-based ecosystem for its tourism industry. The Olefang Global Consortium of Chinese, Japanese, and Korean companies led by iFang Korea is developing the ecosystem, which will include restaurants, hotels, car rentals, and shops....
South Korea to Shug off WTO’s ‘Developing Nation’ Tag
25.10.2019
In a new development that could set a precedent for many other countries, the government of South Korea today announced that it is going to voluntarily drop the ‘developing’ nation tag at the World Trade Organization. Over the years, there has been a lot of discussion about the fact that there...
Binance Joins Council of Internet Giant Kakao’s Blockchain Project
22.10.2019
Major cryptocurrency exchange Binance is joining the governance council of Klaytn, a blockchain project led by South Korean internet giant Kakao
Major Korean Banks Join Government-Backed Blockchain ID Initiative
21.10.2019
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data
Samsung SDS Partners With Tech Mahindra for a New DLT Product
20.10.2019
Samsung’s software arm Samsung SDS announced a joint blockchain development initiative with Tech Mahindra
South Korea to Make a Complete Transition of Financial Trade Over Blockchain by 2021
20.10.2019
Financial trade in Korea is steering fast towards the blockchain. A recent local report published the story on the basis of an authentic report from the company. The complete transformation of the company could be achieved by 2021, according to the report, and transactions pertaining...
New Gov’t Initiative to Put South Korean Trade on Blockchain by 2021
16.10.2019
South Korea establishes a digital trade foundation to digitize trade financing by 2021
South Korea Aims to Put Trade Finance on the Blockchain by 2021
15.10.2019
The government-backed program will bring trade and contract data into distributed ledgers
Token Investors May Sue After Former Korean Social Media Giant Shuts Down
14.10.2019
A once hugely popular social media site, Cyworld's abrupt closure brings uncertainty to holders of its recently launched crypto token
Sudden Cyworld Shutdown Puts Clink Crypto Investors at Risk: Report
14.10.2019
Cyworld’s cryptocurrency Clink appears to be on its last legs as the social media platform has stopped operations without warning
South Korea’s Blockchain ID Service Raises $8 Million in Series A
14.10.2019
ICONLOOP, a blockchain startup that provides digital identification services, received its first venture capital investment through an $8 million Series A round
Bitcoin Price: Which Countries Have the Biggest Premiums?
13.10.2019
The Philippines and Hong Kong are the most affected by crypto price premiums. Here is the full list
South Korean Blockchain Startup Raises $8M for Identity Authentication
11.10.2019
Iconloop has secured over $8 million to launch its my-ID service and promote a dedicated alliance
OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash
10.10.2019
OKEX Korea is reconsidering a decision to delist the privacy coins zcash and dash it announced in September
Hyundai’s Blockchain Arm to Set Up $10M Fund for Mainnet Launch: Report
8.10.2019
Hdac Technology, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group, plans to set up a $10 million blockchain investment fund in 2019
Major South Korean Store Chain Supports Blockchain Payments App
7.10.2019
Major South Korean convenience store chain CU will now accept a payments app based on the Terra blockchain