Search
South Korean Crypto Tax ‘Coming Next Year for Traders, Miners & ICOs’
27.5.2020
South Korean ministries have pledged to impose tax on cryptocurrency trading and crypto mining “from next year.”
Per reports from E Daily and Decenter, the Ministry of Economy and Finance is preparing to make an amendment to the existing Income Tax Act that will include clauses about taxing...
Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm
26.5.2020
Decentralized identity solutions might be blockchain’s killer app
Jobless South Korean University Graduates Are Increasingly Interested in Blockchain
26.5.2020
Can blockchain cure the country’s job creation woes?
South Korean University Announces New Blockchain Campus
23.5.2020
Suseong University closed a deal with the Korea Artificial Intelligence Association to launch a blockchain campus by 2021
South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’
18.5.2020
The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule.
According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...
Korean Luxury Retail Clients To Manage Reward Points on Blockchain
11.5.2020
Blockchain-powered rewards startup MiL.k stikes a partnership with a retail cluster in Seoul downtown, brings the technology to “millions.”
Top Korean Blockchain Platform Joins Celo Alliance
9.5.2020
Celo and Klaytn are working on delivering interoperability between the two blockchain platforms
Anonymous Crypto Payments Cause Problems for South Korean Child Porn Case
6.5.2020
IT experts believe that South Korean authorities could not track the crypto payments made from overseas exchanges
South Korean Police Trace 40 People Behind Crypto Payments In Child Porn Ring
27.4.2020
40 people involved in crypto payments on the “Nth Room” case were identified by the South Korean authorities
Crypto Community Fears North Korean BTC Sell-Off Amid Rumors of Kim Jong Un’s Death
27.4.2020
North Korean leader’s reported health issues cause the crypto community fear of the a regime crypto sell-off
South Korean Social Gaming App Launches Blockchain-Based Platform
21.4.2020
Social media app GameTalkTalk has launched a blockchain project for gamers, which will offer three new features and a native token
South Korean Government Labels Blockchain a Golden Opportunity
17.4.2020
A South Korean minister is calling to local firms to seize “golden” opportunities in the global blockchain market
Solana Blockchain Adds Korean Stablecoin Terra for Better Payments
16.4.2020
Solana is adding the Terra stablecoin in an effort to bring "novel applications that require price-stable payments" to its high-throughput blockchain
‘Dismayed’ Blockchain Startups Excluded from S Korean Tax Support Plan
8.4.2020
South Korean blockchain companies say they are “deeply disappointed” by the news that they will be excluded from a support program for small- and medium-sized enterprises (SMEs) in the worst-hit parts of the nation, helping them deal with the financial aftermath of the coronavirus pandemic.
Per...
South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations
6.4.2020
The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up
It's Happening: S Korean Central Bank Unveils Plans to Pilot a CDBC
6.4.2020
Source: Adobe/Photo-maxx
The South Korean central bank, the Bank of Korea (BOK) is “one step closer” to launching a pilot for a central bank digital currency (CBDC) and could start piloting a token as early as December this year – in line with central banks in other regions, which are also thought...
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
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...
Binance Unveils Korean Crypto Exchange ‘Binance KR’ on Binance Cloud
31.3.2020
Binance is all set to expand its operational geographic dimensions with the launch of “Binance KR” on the Binance Cloud platform. The renowned crypto exchange will launch the South Korean exchange on the cloud solution to kickstart its journey in the region’s marketspace. The news comes summed...
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...