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PR: Legislators Support V20 Summit in Response to New FATF Rules
18.6.2019
Legislators have shown their support for the V20 Summit which is set to take place alongside the G20 Leaders Summit in Osaka, Japan, 28 & 29 June 2019. The event will convene G20 representatives, national blockchain associations, the world’s leading Virtual Asset Service Providers (VASPs)...
Major South Korean Exchange Joins SBI Ripple Asia Payment Solution
17.6.2019
Ripple is continuously growing its network in Southeast Asia. It is continually adding clients to its payment network RippleNet. The major cryptocurrency exchange of South Korea has lately announced to join the chain. Coinone, the major digital currency exchange of the county has joined SBI-Ripple...
S Korean Exchange Joins Ripple’s Cross-border Payment Network
17.6.2019
South Korean cryptocurrency exchanges are looking to expand the scope of their activities – with one of the country’s market leaders joining Ripple’s Asian blockchain pay project.
Coinone, one of the nation’s “big four” exchanges has announced that it is to join SBI-Ripple Asia, an international...
Korean Crypto Exchanges Update T&Cs to Accept Liability for Hacks
17.6.2019
Five South Korean crypto exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues
5 South Korean Crypto Exchanges Take On New Responsibility for User Losses
17.6.2019
Five cryptocurrency exchanges in South Korea, including Bithumb, have increased their liability to users in line with demands from regulators
Appetite for Blockchain Tech Builds Among Korean Banks, but Without Crypto
15.6.2019
Banks and former officials in South Korea turn to blockchain for fintech improvement but still without incorporating cryptocurrency
S Korean Crypto-Pay Company Dragged into Mega Burning Sun Scandal
13.6.2019
Seungri. Source: a video screenshot, Youtube/CNBC Indonesia
A South Korean cryptocurrency payments platform Nupay is the latest company to be pulled into the aftermath of the long-running major Burning Sun K-pop drug, sex and prostitution scandal.
The scandal originated with a police investigation...
Major Korean Bank Signs MoU With Atomics Lab to Explore Crypto Asset Management
11.6.2019
Major South Korean commercial lender KB Kookmin Bank has signed an MoU with blockchain technology firm Atomics Lab to jointly explore digital asset management solutions
Every Game This South Korean Startup Makes Has Its Own Blockchain
5.6.2019
If you have ten games then you need ten blockchains says Planetarium's CEO Kijun Seo
South Korean Post Teams Up With Crypto Exchange to Apply Blockchain
5.6.2019
South Korea’s national postal service Korea Post teamed up with cryptocurrency exchange Coinplug to apply blockchain technology in its billing system
South Korean Company ICON Has Stepped Into Strategic Partnership With Chain Partners
5.6.2019
On 4th June ICON announced about the ‘strategic partnership’ with Chain Partners on Twitter. The objective of this partnership is to build a “healthy blockchain ecosystem,” which will surpass the ICON’s DApp ecosystem, as per the Twitter post. One can guess the excitement of the audience by the...
Top South Korean Utility to Co-Develop Blockchain System for Renewable Energy Certificates
4.6.2019
South Korea’s top power provider has signed a contract with two domestic power suppliers to create a blockchain-based system for Renewable Energy Certificate transactions
North Korean Hackers Eyeing Cryptocurrencies of South Korean Users
31.5.2019
North Korean hackers aimed the major South Korean digital currency exchange Upbit through a phishing strike as per the report surfaced. A cybersecurity company, East Security released the information. As per the company reports, the hackers targeted the user of Upbit through phishing email on...
North Korean Hackers Target UpBit’s South Korean Users
31.5.2019
North Korean hackers have been using a familiar phishing tool to steal UpBit customer details
60% of S Korean Smartphone Users to Gain Blockchain Platform Access
30.5.2019
Millions of South Korean telecom customers are to be granted access to a blockchain platform that will let them share and verify college graduation certificates, academic records and proof of employment certificates directly from their phones.
Two of the country’s three major telecoms providers...
Korean Government Plans Action Over Risks of Resurgent Crypto Market
28.5.2019
With the price of bitcoin surging, the South Korean government has held an inter-agency emergency meeting over the risk for investors
South Korean Government Talks of ‘Overheated’ Market as Cryptos Soar
28.5.2019
Souce: iStock/SeanPavonePhoto
The South Korean government has held meetings with ministries to address skyrocketing cryptocurrency prices, while trading volumes rise quickly at domestic exchanges.
Per media outlets Kyunghyang Shinmun and SBS CNBC, the meetings have involved the finance ministry...
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