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One Million South Koreans Now Have Blockchain Drivers Licenses
13.8.2020
The program was only launched in May but already one million South Koreans have opted for a blockchain based license
A City in South Korea is Expanding Its Blockchain Payment Program
11.8.2020
South Korea's "Silicon Valley" continues its love affair with Blockchain technology
South Korean Highways Will Have Blockchain-Powered Toll Payments
9.8.2020
One of the biggest commercial banks in South Korea has partnered with the Korea Expressway Corporation for a blockchain-based toll system
South Korea’s Largest Bank Unveils Bitcoin Custody Services
9.8.2020
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with...
South Korean Beachgoers Can Now Use Bitcoin to Pay for Services
9.8.2020
The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime
Major South Korean Bank Joins the Crypto Custody Business
8.8.2020
We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action
North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash
7.8.2020
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash
Theta Partners With Korean Gaming Platform to Reward Its 3M Users
30.7.2020
The token-powered Esports streaming platform Theta has expanded into Korea, partnering with the popular gaming-centric social platform Ludena Protocol
North Korea’s Crypto Extortion Efforts Have Expanded Considerably in 2020
28.7.2020
A new ransomware from North Korea targets major companies
Stablecoin Adoption Skyrockets in Rural South Korean Province
28.7.2020
A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption
Regulatory Attention and Fraudsters: Bad Crypto News of the Week
26.7.2020
Check out this week’s Bad Crypto podcast
Chainlink Brings FX Rates Data From Top Korean Banks to DeFi
25.7.2020
Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime
Former Ethereum Researcher Seeks a Change of Venue for North Korea Court Case
24.7.2020
Ethereum Researcher Virgil Griffith seeks a court venue change as well as internet usage as part of ongoing legal ordeal
Four of South Korea’s Biggest Banks to Provide Data for DeFi Platform
24.7.2020
Four major South Korean banks said they will contribute to a blockchain-powered decentralized finance (DeFi) solution for foreign currency exchange rates.
Per D Daily, Shinhan Bank, IBK Bank, KEB Hana Bank and Nonghyup (NH Bank) will take part in a joint project involving Oracle’s Chainlink (LINK)...
South Korean Police Investigate Who Leaked the Crypto Tax Bill
24.7.2020
Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
Bank of Korea Launches a Department Devoted to Blockchain and AI
22.7.2020
Bank of Korea is launching a digital innovation department that will leverage blockchain and AI to improve business efficiency
South Korea Will Air a Crypto-Themed TV Series in October
22.7.2020
“Romantic Hacker” will feature a K-pop star whose story is based on the hack of a fictitious crypto exchange
Korean Government Proposes Tough New 22% Tax on Crypto Trading
22.7.2020
Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal
South Korea Finalizes Cryptocurrency Income Tax of 20%
22.7.2020
South Korea has finalized a new 20% tax rate for income generated from crypto trading