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South Korean Telecom Giant Launches Digital Currency
South Korean telecommunication company, KT has revealed plans to launch a local digital currency.
The South Korean company named its proposed digital currency Dongbaek Currency....
South Korean Exchange “Prixbit” Shuts Down
The South Korean exchange recently announced it would stop operations due to financial difficulties.
The founder said:
“Due to negative internal and external influences, management difficulties...
South Korean FSC Approves ICONLOOP’s Blockchain ID Verification System
The Financial Services Commission (FSC) of South Korea has chosen ICONLOOP’s ID verification solution, or so-called ‘my-ID’, to integrate into their Financial Services and...
The South Korean Government is Cautiously Watching the Rising Cryptocurrency Market
As written about on KBS World Radio, the South Korean Government is starting to keep an eye on crypto again. This is likely due...
South Korean Tech Giant Samsung Invests in Crypto Hardware Wallet Ledger
Ledger, a popular cryptocurrency hardware wallet manufacturer, has recently received a big investment from South Korean tech giant Samsung. In total, Ledger received $2.9...
South Korean Government to invest $18 Million in Blockchain Projects
The South Korean government invested $10 million in blockchain projects in 2018, and it is expected to almost double to a whopping $18 million in...
Bitstamp Sold to South Korean Investment Firm
The Luxembourg based cryptocurrency exchange Bitstamp has been sold to a Belgian investment company called NXMH. The new Belgian owner of Bitstamp is a subsidiary of NCX,...
South Korean Government set to Regulate Cryptocurrencies, creating a Legitimate Industry
In a positive step forward by the South Korean government, regulations will be implemented to ensure cryptocurrency exchanges are classified as a legitimate financial...
South Korean Bank Partners With OmiseGO, Incoming Tax Day, Coinbase Venture Fund
OmiseGO and ShinhanCard partnership
ShinhanCard, the credit card branch of the Shinhan Bank, one of South Korea’s largest banks, has signed a Memorandum of Understanding...
South Korea’s Opposition Win Boosts Bitcoin ETF Access
This victory could herald a new era of crypto-friendly policies and expand investment opportunities for millions of South Koreans.
The newly elected opposition has pledged...