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South Korean Crypto Exchange Bithumb Hoping to Launch IPO

24.6.2020
The world of cryptocurrencies in South Korea could be set for a major shake-up with leading cryptocurrency exchange Bithumb hoping to launch an initial public offering (IPO). Per Money Today, Bithumb has already selected Samsung Securities as its host and has “begun work” on the IPO preparation...

South Korean Economist Warns New Tax Laws May Slow Down Crypto Market Growth

23.6.2020
South Korea economist worries that tough regulation would slow down crypto’s growth

South Korea Developing Solution that Hunts Down Dark Web Crypto Deals

23.6.2020
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,...

Blockchain Tech May Soon Fuel Medical Tourism in South Korea

20.6.2020
A consortium aims to strengthen medical tourism in South Korea by launching a blockchain-powered platform

South Korean Soccer League Tokenizes Players for Fantasy Football Game

18.6.2020
A new licensing agreement between the South Korean soccer league and Sorare will bring on over 400 K League players on to the fantasy soccer platform

South Korean Public Power Firm Takes Blockchain Plunge

17.6.2020
South Korean energy provider the Korea Electric Power Exchange (KPX) has become the first public institution in the country to adopt a blockchain-based proposal evaluation system. Per a report from Energy Daily, KPX will now use a Hyperledger Fabric-based solution to weigh up power-related business...

South Korean Crypto Tax Reports, Canada's CBDC + More News

17.6.2020
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. Regulation news South Korea’s deputy prime minister and finance ministry chief Hong Nam-ki has confirmed the reports about...

South Korea’s Finance Minister Confirms Plan to Tax Cryptocurrency

17.6.2020
Although scant on details, South Korea’s finance minister has confirmed that taxes will be imposed on cryptocurrency in the country

Virtual Panda BTM Launched for Colombian Residents: Dispenses BTC, BCH, DAI, and Dash

16.6.2020
The CEO of Panda Group and the founder of Colombia’s Panda Exchange and physical Panda BTM terminals, Arley Lozano, recently revealed a new product called app.pandabtm.io. The new service is a virtual automated teller machine that dispenses four types of cryptocurrencies; bitcoin cash (BCH)...

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

16.6.2020
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,”...

Search Interest for Bitcoin Highest in Africa and South America

16.6.2020
Google Trends data compiled by Blockchaincenter.net shows search interest in Bitcoin is highest in Kenya and Brazil

Blockchain Bites: JPMorgan on Bitcoin, South Korea on CBDCs and the Porn Industry on Crypto

15.6.2020
JPMorgan bond analysts think bitcoin has passed its first stress test while South Korea's central bank is continuing to research CBDCs

South Korean Bitcoin Tax Amendments to Be Unveiled in July

15.6.2020
South Korean crypto tax legislation is set for a July rollout. The government appears to have settled on a means of ensuring citizens pay tax on their cryptoasset earnings – and will attempt to tax crypto “like real estate.” Although it has yet to make a formal announcement on the matter, a number...

South Korea to Review Legal Issues Surrounding Potential CBDC Launch

15.6.2020
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency

South Korean Experts Say Crypto is a Poor Safe-Haven Asset

12.6.2020
A leading South Korean professor from the Hongik University does not believe cryptocurrencies are safe from market recession

South Korean Police on the Hunt for Ethereum Crime Ring Masterminds

12.6.2020
The Seoul Metropolitan Police seize two unnamed local crypto exchanges in an effort to dismantle an ETH-related crime ring

South Korean Police Bust Suspected USD 41.5M Ethereum Crime Ring

12.6.2020
Police in Seoul, South Korea, have searched and seized data from at least two unnamed crypto exchanges in the hunt for the masterminds of a suspected ethereum (ETH) fraud ring believed to be worth at least USD 41.5 million. Per reports from KBS and Joongang Ilbo, the ring made use of multi-level...