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South Korea's Central Bank Launches Digital Currency Pilot Program
6.4.2020
South Korea's central bank is undertaking a CBDC pilot program, although it currently believes the need to issue a digital currency is slim
10 Countries Actively Regulating Cryptocurrency Despite Global Crisis
6.4.2020
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South...
Africa Using Blockchain to Drive Change, Part Two: Southern Solutions
5.4.2020
While the enthusiasm for widespread blockchain adoption remains, lack of education and a dearth of technical know-how continues to be a stumbling block across Africa
South African National Blockchain Alliance Holds Online Launch
3.4.2020
The South African National Blockchain Alliance launches with the aim to drive adoption across public and private institutions
Cardano Chief Congratulates South African Govt for Launching Blockchain Alliance
3.4.2020
The South African Government’s State Department of Science & Innovation has launched the South African National Blockchain Alliance (SANBA). As per its official website, SANBA, a decentralized and autonomous platform, has been created to build a network of like-minded individuals &...
Will New P2P Legislation Hurt South Korean DeFi Industry?
1.4.2020
South Korean decentralized finance (DeFi) players have called for calm after some experts claimed that forthcoming legislation could effectively hamstring the nation’s fledgling DeFi market.
Many industry insiders have expressed alarm over a recent amendment made to a digital finance act pertaining...
Big Tech in Blockchain: Comparing IBM, Microsoft, Apple, Google and More
29.3.2020
Big tech and blockchain — how do the world’s biggest firms compare?
Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation
28.3.2020
Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on...
South Korea's Largest Bank Launch a Crypto Custodial Service
27.3.2020
KB Kookmin Bank is expected to launch a cryptocurrency custody service in H1 2020
Alleged Mastermind of Sex Abuse Chatrooms Hid Payments With Privacy Coin Monero
26.3.2020
The 25-year-old used the cryptocurrency monero to obfuscate payments for abusive sexual material, according to a CoinDesk Korea investigation
Alleged Telegram Sex Crime Ringleader Paraded in Public in Korea
26.3.2020
More than 5 million Koreans signed a petition demanding the ringleader behind a notorious Telegram sex crime chat room be named and shamed
Major South Korean Crypto Exchanges Help Police In Child Porn Investigation
26.3.2020
South Korean police are reportedly working jointly with local crypto exchanges in the “nth rooms” child porn case
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
Blockchain Africa Conference: Education Is Key Crypto Adoption Driver
24.3.2020
Cryptocurrency trading is prevalent in certain pockets of Africa — but experts believe education is key to driving more adoption across the continent
The Blockchain Africa Participants Optimistic About Continent Becoming Center of Progress
23.3.2020
Africa’s ability to adopt and drive innovations that improve day-to-day living could make the continent a leader in global blockchain development
Zimbabwe U-Turns on Crypto, Looking to Stabilize Local Economy
22.3.2020
Zimbabwe’s central bank is working with crypto and fintech companies to leverage the country’s emerging digital economy amid crippling hyperinflation and currency instability
South Korean Crypto Exchanges Ready Compliance Measures as Clock Ticks
19.3.2020
South Korea’s landmark Special Financial Transactions Information Act amendment was promulgated earlier this week, a fortnight after the country’s parliament voted unanimously in its favor.
Although many industry players have been galvanized by it, others have warned that its stipulations – which...
Banking Shut Down Drives Crypto Adoption Among Venezuelans
19.3.2020
Venezuela is one of several South American nations to see growing P2P crypto amid strict coronavirus quarantining measures
Why Is South Korea’s Coronavirus Fatality Rate so Low?
18.3.2020
With the coronavirus pandemic raging – bringing illness, death, and unprecedented economic decline in its wake, the pressure is on scientists, doctors and statisticians to pick key patterns out of the flood of coronavirus-related data.
In fact, rewind a few weeks and you may recall that South Korea...
South Korean Government to Grant $3.2 Million to Blockchain Companies
17.3.2020
A state-based pilot program aims to provide funding to nine blockchain startups in South Korea