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China's UnionPay and Korea's Danal to launch crypto-supporting digital card
4.11.2020
The new card will support crypto payments using Paycoin at over 30 million UnionPay merchants
South Korean financial watchdog to ban privacy coins
3.11.2020
Virtual asset service providers in the country will not be allowed to handle “dark coins.”
Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea
26.10.2020
The motion, filed by Brian Klein, claims the indictment of Griffith doesn't "specify any alleged overt facts," and contains no actual allegation of fact
Ethereum researcher Virgil Griffith files motion to dismiss North Korea conspiracy charge
24.10.2020
Griffith argues that because his April 2019 conference presentation consisted of widely-available public information, he was not providing a "service" to North Korean officials
South Korean gov't doesn't know who will protect crypto exchanges from Kim Jong-Un’s hackers
23.10.2020
Can anyone hold North Korea responsible for its attacks on the crypto industry?
Crypto-related Shares Surge in South Korea, Canada on PayPal News
22.10.2020
The ripple effects of PayPal finally getting on board the crypto gravy train yesterday – enabling bitcoin (BTC), ethereum (ETH) and other altcoin purchases in the USA – are being felt all over the world. In South Korea, firms with relationships with crypto companies have seen their share prices...
South Korean telecom launches blockchain wallet for official documents
22.10.2020
South Korea's SK Telecom is issuing a blockchain solution for the storage and management of government certificates
Japanese messaging giant LINE reportedly working on CBDC platform
20.10.2020
The platform would aid central banks in Asia with developing a central bank digital currency
Korean blockchain lobby calls for crypto tax plan to be put on ice
16.10.2020
The Korea Blockchain Association wants the government to postpone the implementation of its new tax framework until 2023
South Korea May Review Crypto Tax Law ahead of 2021 Regulations
8.10.2020
The South Korean government said that it is conditionally prepared to carry out a review of crypto tax regulations – a year ahead of the promulgation of the country’s first crypto-specific tax law.
Per news agency Yonhap, Hong Namk-ki, the Deputy Prime Minister and the nation’s finance minister...
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