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South Korea OKs Blockchain Certificate Use in Public, Private Sectors
30.6.2020
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 Korean Government Turns to Blockchain Tech to More Reliably Store Clinical Diabetes Data
29.6.2020
The government has asked startup Sendsquare to develop a proof-of-concept blockchain registry to help analyze, anonymize and store clinical diabetes data
South Korea Looks to Track Crypto Transactions in Light of Recent Scandal
27.6.2020
A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software
Hyundai Adds Another Piece to Their Growing Blockchain Ecosystem
26.6.2020
Hyundai embraces the blockchain and crypto industry with three trademark registrations
Bithumb Exchange to Reportedly File for IPO in South Korea
24.6.2020
The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty
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