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BMW Rolls Out Blockchain-powered Token Rewards Platform in South Korea
8.10.2020
Source: Adobe/bizoo_n
BMW Korea has launched a blockchain-powered “lifestyle” platform that rewards South Korean car owners with tokens they can redeem against flight tickets and maintenance payments.
Per Aju Kyungjae, BMW Korea stated that the platform, named BMW Vantage, would be "launched...
Bank of Korea digital won pilot moving to distribution phase next year
7.10.2020
The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch
BMW Korea trials a blockchain-powered rewards program ahead of global launch
7.10.2020
The car manufacturer is trialing the new blockchain system, which offers customers tokenized loyalty points, before its potential rollout worldwide
South Korea’s Central Bank to Test Digital Currency With Banks in 2021
7.10.2020
Following China's lead, the Bank of Korea is to run circulation trials of a central bank digital currency with assistance from banks
Investor losses legal battle against Bithumb for 2017 data breach incident
28.9.2020
The user claimed to have lost a massive amount of money due to Bithumb’s negligence
Samsung’s new blockchain pilots are all about transparently tracking medicine
25.9.2020
Blockchain continues to attract interest in the pharmaceutical industry
Mandatory KYC verification may contradict privacy laws in South Korea
25.9.2020
Will this legal contradiction be resolved before the deadline?
South Korean regulator is wary of NFT-based games
23.9.2020
The South Korean gaming regulator is reluctant to embrace NFTs
Blockchain Gaming Hits Another NFT-related Hitch in South Korea
22.9.2020
Source: Twitter/@SkypeopleMaster
Blockchain, gaming and crypto advocates are bracing for the worst after the South Korean video game censor issued an ominous delay for ratings on another blockchain gaming title – over apparent non-fungible token (NFT)-related concerns.
Per iNews24, the regulatory...
Police summon Bithumb chairman for questioning over alleged fraud
18.9.2020
Police raids on the Bithumb offices are apparently not just FUD as more investigation reports come in
South Korean Police Seize Shares From Major Bithumb Shareholder
18.9.2020
South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows...
Report: Most firms in Korea’s ‘blockchain city’ don’t know what blockchain is
18.9.2020
Is Busan a "blockchain city" in name only?
South Korean gov pledges to bring blockchain voting into people’s homes
16.9.2020
Blockchain could soon be integrated into South Korean apartments
South Korean police seize Bithumb shares in third raid this month
16.9.2020
The plot thickens as Bithumb director’s shares are seized after he had applied for the seizure of the chairman's shares
South Korea to Fund Blockchain-powered Platform for Apartment Dwellers
16.9.2020
The South Korean government has pledged USD 1.27m in funding for a contact-free, blockchain-based services platform for apartment residents in the country – which operators say will allow residents to take part in electronic voting, manage parking spaces, and more.
Per ZDNet Korea, the South Korean...
From open arms to full bans: The latest on crypto regulation in Asia
13.9.2020
A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation
A Gov official in South Korea proposed the nation’s first blockchain voting platform
12.9.2020
This region in South Korea may adopt a blockchain voting system
South Korean exchange traffic has risen sharply since June — Is this why?
11.9.2020
The boost may come down to the popularity of one specific token
Crypto meetups are dangerous to health and wealth, South Koreans warned
9.9.2020
The warning is not just because of the coronavirus pandemic
Bithumb Exchange’s Offices Raided Again by Korean Authorities: Report
8.9.2020
Local officials are said to have raided Bithumb's offices for the second time in a week as part of a fraud investigation