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South Korean Fintechs Are Creating a Blockchain for Trading OTC Securities
8.8.2019
A consortium of business are working together to bring smaller securities to a blockchain-based trading system
South Korean Crypto Exchange Signs With Security Companies to Lock Down Tokens
8.8.2019
Coinone has partnered with two security and disclosure firms to ensure compliance with South Korea's new cryptocurrency regulations
South Korean Watchdog Plans Direct Supervision of Crypto Exchanges
7.8.2019
A South Korean financial watchdog under the Financial Services Commission aims to more closely supervise exchanges in line with FATF standards
South Korean Cities May Reward Cyclists with ‘Token’ Incentives
7.8.2019
Local governments across South Korea could be set to hand out “blockchain-powered tokens” to cyclists who use city-run bike-sharing programs.
Per media outlet NBN, a number of governing authorities in some of South Korea’s most populous cities – including Seoul, Busan and Incheon – are now looking...
South Korean Fashion Platform Joins Terra Stablecoin Alliance
5.8.2019
South Korean fashion platform Sinsang Market has joined the ecosystem of the Terra Alliance, a stablecoin-focused association of large e-commerce companies
The Terra Stablecoin Is Partnering With a South Korean Fashion Market
5.8.2019
Terra has added Sinsang Market to its alliance of internet marketplaces in an effort to create new payment systems for online shoppers
UN Believes North Korean Crypto Raiders Have Amassed USD 2Bn
5.8.2019
North Korea is reportedly continuing to intensify its attacks on cryptocurrency exchanges – and may have accrued a staggering USD 2 billion from its efforts so far.
In Japan, newspaper Asahi Shinbum says it has obtained access to an as-yet-unpublished, 142-page UN Security Council report that...
South Korean Financial Overseer Who Banned ICOs Abruptly Quits
23.7.2019
During his tenure Chairman Choi Jong-ku took a hard line against ICOs but enacted some favorable policies towards blockchain businesses
S Korean Telecoms, Food Giants Team up for Blockchain Project
19.7.2019
Two of South Korea’s most blockchain-keen conglomerates say they will team up for a joint food supply chain project that makes use of the technology.
Telecoms giant KT has sealed a deal with food producer Nongshim’s own tech arm, Nongshim Data System (NDS). The companies say they will create...
S Korean Blockchain Sandbox ‘Leaving Crypto Companies in Limbo’
12.7.2019
Companies hoping to use South Korea’s regulatory sandbox to pioneer blockchain-powered overseas remittance operations have been left treading water – with ministers still undecided as to whether they will grant operating permits seven months after beginning deliberations.
Per media outlet Next...
Korean Watchdog Warns of Financial Stability Risk From Facebook’s Libra
8.7.2019
Facebook's Libra cryptocurrency project threatens the stability of financial systems, according to South Korea's Financial Services Commission
Argentinian, S Korean Local Governments Set New Blockchain Goals
8.7.2019
Local governments around the world are looking to revitalize their economies using blockchain technology.
Officials in the Argentinean province of Río Negro, on the northern edge of Patagonia, have been briefed on the technology underpinning cryptocurrencies. Senior officials were given...
South Korean Parliament Offers Pro-Crypto Advocates a Glimmer of Hope
5.7.2019
Campaigners hoping to sway Seoul away from its two-tiered blockchain and cryptocurrency policy have been buoyed by an announcement from a senior National Assembly committee member – hinting that the country’s parliament may be prepared to lend its support to two pro-cryptocurrency private members’...
Longenesis Brings South Korean Medical Records to the Blockchain
2.7.2019
A new partnership lets patients and doctors store medical records privately on the blockchain using Bitfury's Exonum platform
Major Korean Bank Clamps Down on Accounts Linked to Crypto Exchanges
1.7.2019
One of South Korea’s biggest banks is reportedly planning to intensify regulations on accounts linked to crypto exchanges
South Korean Gaming Companies 'Investing Heavily' in Blockchain Titles
1.7.2019
South Korean IT and gaming companies are racing to release blockchain game titles – and experts say this could lead to a new wave of interest in cryptocurrencies in the country.
Per a report from Fn News, Dunamu – the operator of the Upbit cryptocurrency platform, which fosters its global expansion...
LG Using New Blockchain DApp Platform From Korean Internet Giant Kakao
27.6.2019
Ground X, the blockchain arm of South Korean tech giant Kakao, has launched the mainnet of its Klaytn platform
South Korean FSC Approves ICONLOOP’s Blockchain based Digital Identity Service – my-ID
26.6.2019
South Korean government’s top budgetary controller, FSC (The Financial Services Commission), has reported the incorporation of ICONLOOP’s ‘my-ID’ administration into the ‘Innovative Financial services and Regulations Sandbox’ which was created under the special...
Crypto-keen S Korean Tech Giants ‘Six Months ahead of Facebook’
24.6.2019
A report in South Korea claims that two of the country’s biggest IT companies are hoping their blockchain technology related activities of recent months will help them steal ahead of Facebook and its new Libra project – both domestically and abroad.
Fn News claims that the Kakao Group and Naver–...
Major Korean Crypto Exchange Bithumb Prosecuted for Failure to Protect User Data
21.6.2019
Korean crypto exchange Bithumb has been prosecuted for its alleged failure to take adequate measures to protect personal data, allegedly leading to a subsequent hack in 2017