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800+ South Korean Companies Dealing in Crypto Despite ‘Dead’ Market
22.10.2019
South Gate of Seoul. Over 800 South Korean companies are doing business in cryptocurrencies, per figures compiled by the regulatory Financial Supervisory Service (FSS).
Aju News reports that a parliamentary committee asked the FSS to reveal how many companies in the country had corporate...
South Korean Trade to Venture into Blockchain by 2021, Says Government
16.10.2019
South Korean Trade finance is about to take a leap in the blockchain according to the news by the local press. The government is on a spree to consolidate a foundation for seamless digital trade, at the same time cutting down the blockchain costs by around 90%, with introducing blockchain...
New Gov’t Initiative to Put South Korean Trade on Blockchain by 2021
16.10.2019
South Korea establishes a digital trade foundation to digitize trade financing by 2021
South Korean Blockchain Startup Raises $8M for Identity Authentication
11.10.2019
Iconloop has secured over $8 million to launch its my-ID service and promote a dedicated alliance
South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes
7.10.2019
Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes
Major South Korean Store Chain Supports Blockchain Payments App
7.10.2019
Major South Korean convenience store chain CU will now accept a payments app based on the Terra blockchain
South Korean Court Issues Landmark Decision on Crypto Exchange Hacking
1.10.2019
The Seoul court ruled that a hacking is not the responsibility of an exchange but a transfer of funds is
South Korean Exchange Upbit Ends Orderbook Partnership With Bittrex
27.9.2019
Upbit reorganizes BTC, ETH markets, and ends Bittrex partnership
South Korean Court: Exchange Must Cover User’s Stolen Cryptocurrency
27.9.2019
A district court in Seoul has ruled that cryptocurrency exchange CoinOne must partially cover an investor’s hacked funds
Former Credit Agency Staffers Form Korean Blockchain Rating Firm
27.9.2019
With investors lacking information and objective reviews on blockchain projects, a Korean blockchain rating company is formed
South Korean Conglomerate CJ Group with Amazon’s Blockchain Develops Music Copyright System
23.9.2019
One of the largest conglomerates of South Korea, CJ group is planning to develop a music copyright blockchain management system with the help of AWS’ Amazon managed blockchain service. In a report, the news agency of Korea, Yonhap said that the subsidiary of the parent company CJ Group,...
Five Major South Korean Banks Join JPMorgan Blockchain Project
23.9.2019
Five of South Korea’s biggest banks have joined JPMorgan’s cross-border, blockchain-powered payments initiative, the Interbank Information Network (IIN). The network operates on Quorum, a platform based on the Ethereum blockchain.
According to an Fn News report, KEB Hana Bank, Shinhan Bank, Woori...
OKEx Korea Axes Privacy Coins as South Korean Purge Intensifies
16.9.2019
The South Korean branch of cryptocurrency exchange OKEx says it will delist five privacy coins as of October this year, saying they “violate regulatory laws.”
The exchange announced that it will delist Monero, Dash, ZCash, Horizen and Super Bitcoin as of October 10, and has set a December...
Major South Korean Mobile Carrier Launches Blockchain Project
11.9.2019
South Korean mobile carrier Union Mobile announced the launch of its blockchain platform and accompanying token
SM Entertainment Plans to Introduce its own Cryptocurrency
6.9.2019
SM Entertainment is one of Korea’s best pop talent companies, now planning to launch its in house blockchain initiative. The initiative is going to take the form of a native cryptocurrency, given the protests from the shareholders and a plunge in falling stock price. The technology director...
South Korean ArtBloc to Sell David Hockney Paintings via Blockchain
31.8.2019
South Korean project ArtBloc to sell David Hockney paintings using blockchain
Are South Korean Exchanges Preparing a Delistings Purge?
26.8.2019
South Korea’s biggest exchanges are looking to slim down their listings – with a slew of delistings possibly on the cards at the country’s “big four” platforms.
Per a report from Fn News, Upbit is set to delist the Sphere (SPHR), Edgeless (EDG) and Guppy (GUP) cryptocurrencies, and will likely...
Bithumb Exchange Is Launching Listing Committee for Cryptocurrency
24.8.2019
South Korean crypto exchange Bithumb to roll out a new committee in September. The committee will monitor the markets and decide which cryptocurrencies are feasible to trade online As per the reports, the committee came into motion on Aug. 22. This committee will keep a check on the listings of...
Largest South Korean Exchange to Review Listings and Boot Failing Coins
23.8.2019
Bithumb will assemble a committee to periodically review its listed cryptocurrencies, becoming the second exchange in Korea to update its listing policies
Prixbit, South Korean Crypto Exchange has Ceased Its Operations over Financial Crisis
22.8.2019
Prixbit, the South Korean cryptocurrency exchange has declared the ending of its services related to crypto. Prixbit, which had closed its operations as of 9th August, has failed to control its financial challenges and suspended its cryptocurrency trading operations. Several investors have...