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Nalezeno "south korea": 1707

South Korea Might Put Cryptocurrency Exchange AML Offenders to Jail

26.11.2019
South Korean regulators and parliamentarians are rapidly building up a legal framework that will help them police cryptocurrency exchanges, with non-compliant exchange operators potentially facing jail time. Per news outlet Ilgan Today, the regulatory Korea Financial Intelligence Unit is seeking...

China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action

24.11.2019
How is China implementing blockchain in the public sector and will it be a blockchain-driven country of the future?

South Korea to Make Government-led USD 383m Blockchain R&D Drive

22.11.2019
The South Korean government will stump up USD 383 million worth of funding for Seoul-led blockchain research incentives over the next six years. Per a report from ZDNet Korea, the country’s Ministry of Science and ICT plans to utilize the funds to develop original blockchain technology, with...

South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges

21.11.2019
A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements

LG and Kakao Partner to Bridge Public and Private Blockchains

21.11.2019
LG’s IT affiliate and Kakao’s blockchain subsidiary, Ground X, are teaming up to bridge public and corporate blockchains

Bithumb Global Launches Native Token for Exchange Ecosystem

12.11.2019
Bithumb plans to launch a native token on top of its namesake blockchain next year

Did South Korea Just 'Sentence Blockchain Gaming to Death'?

11.11.2019
South Korean gaming industry representatives say that the government may have doomed blockchain gaming to oblivion – after a regulator banned Infinity Star, a game that makes use of Ethereum ERC 721 Non Fungible Tokens (NFTs). Late last week, the Game Rating and Administration Committee (GRAC)...

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...