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Nalezeno "korean": 1715

Experts: North Korean ‘Tech Has Scaled Up’ After US Makes Hack Claims

19.8.2020
North Korea’s “fast-developing tech abilities” could be helping it scale up its raids on financial sector targets like international crypto exchanges, say South Korean observers. Experts have spoken out after a report from the American armed forces concluded that several thousands of North Korean...

South Korean Banks to Launch Crypto Services ‘Before Year Is Out’

17.8.2020
Multiple South Korean banks could launch crypto custody services by the end of 2020 of March next year “at the latest,” after a “significant change in tone” has led the banking sector to move toward crypto business with alacrity. Per a report from the Electronic Times, crypto custody is now a...

4 of South Korea’s Largest Banks to Provide Cryptocurrency Services

16.8.2020
Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest Korean Banks Entering Crypto Space South Korea’s largest banks have...

Two More Major South Korean Banks Keen on Crypto Custody

14.8.2020
Another two major commercial South Korean banks have expressed an interest in launching crypto custody services – but industry experts said they may be making their moves too late, and are lagging behind the American banks. As previously reported, two other commercial banks – Nonghyup and Kookmin...

Big South Korean Companies Preparing For 'Crypto-powered' Era

12.8.2020
More and more big South Korean companies are registering trademarks for crypto exchanges, wallets and other crypto-related services in an attempt to "prepare for the upcoming era of crypto asset-powered finance," per a new report. According to Chosun, recent moves from conglomerate...

South Korean’s Silicon Valley Turns to Blockchain-powered Pay

11.8.2020
Seongnam, a major satellite city on the outskirts of the capital Seoul, South Korea, is set to expand its blockchain-powered payment program with a new digital gift certificate issuance project. The new platform will make use of an app called Chak, and will be built by the Korea Minting...

South Korea’s Largest Bank Unveils Bitcoin Custody Services

9.8.2020
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with...

Another Major S Korean Bank Now Set to Join Bitcoin Custody Race

7.8.2020
Kookmin Bank (KB), one of South Korea’s biggest commercial banks, could be set to move into crypto sector business after the KB Group, the company that operates the bank, signed a “digital assets” cooperation deal with three major domestic blockchain firms. And it looks as though KB could...

Blockchain-based Pay’s the Way for South Korean Highways

7.8.2020
Blockchain-powered payments are coming to South Korea’s highways – with the nation’s motorway operator sealing a deal that will see it use blockchain technology to power toll payments across the country before the end of the year. Per D Daily, KEB Hana Bank, one of the nation’s biggest commercial...

How a South Korean Crypto Firm Became a Global Face Mask Exporter

4.8.2020
A “medium-sized” South Korean crypto firm that built a facial mask factory as a response to the coronavirus pandemic has doubled down on its new line of business – and has won Amazon approval to start exporting its personal protective equipment to “Europe and the United States,” as well as approval...

South Korean Politician Pushes for Tougher Crypto Exchange AML Rules

4.8.2020
Source: Adobe/david_franklin More restrictive anti-money laundering (AML) compliance measures could be incoming for South Korean crypto exchanges after a lawmaker lodged a private member’s bill in the National Assembly. The National Assembly, South Korea’s parliament, will likely debate and vote...

Pack Your Bitcoin: Busy South Korean Beach Says ‘Yes’ to Crypto

29.7.2020
Haeundae Beach. Holidaymakers at Haeundae, South Korea’s busiest and most popular beach, will be able to pay for services such as sun umbrella and inflatable tube rentals in bitcoin (BTC), ethereum (ETH) and other tokens next month. Haeundae Beach, in South Korea’s second city Busan, is a...

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