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South Korea Vows to Pump USD 111m into Blockchain R&D over Five Years


South Korea has pledged to inject USD 111 million into the development of blockchain technology, with central government-sponsored research flowing until at least 2025. The move is the brainchild of the nation’s Ministry of Science and ICT, which has worked jointly on the initiative with...

South Korea OKs Blockchain Certificate Use in Public, Private Sectors


The South Korean government will allow the use of blockchain-powered public certificates beginning in December this year. Per Hanguk Ilbo and UPI News, Seoul says that it will make amendments to the nation’s existing Electronic Signatures Law that will allow for citizens and companies to make...

South Korea Developing Solution that Hunts Down Dark Web Crypto Deals


Source: Adobe/Антон Медведев A South Korean government agency will develop software that will trace the movement of cryptocurrencies on the dark web. The move is a direct response to the Telegram Nth Room case, a rape and sexual exploitation video ring that has flummoxed police. Per New Daily,...

South Korea Announces USD 680M ‘Digital New Deal’ + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news The South Korean government has announced a USD 680 million spending plan on a post-COVID 19 “Digital New Deal,”...

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