2019-6-11 14:31 |
KB Kookmin, the largest bank in South Korea, is partnering with a blockchain startup to launch a digital asset custody offering.
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Massive Institution Looks to Store Crypto Reported by CoinDesk on Tuesday, Bitcoin (BTC) and other digital assets may soon be stored by KB Kookmin, South Korea’s largest bank. Citing a report from its Korea branch,.
2019-6-11 20:59 | |
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South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection.
2019-6-11 14:00 | |
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ABBC Foundation recently inked a strategic partnership with UbiFun, a mobile platform development firm based in South Korea. Consequently, the partnership officially cements the appointment of UbiFun’s CEO Stanley Park as ABBC Foundation’s CTO from now on.
2019-6-10 08:33 | |
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Coinspeaker BORA Announces Collaboration with InfoseedOn May 23rd, blockchain digital content platform BORA announced a partnership with Infoseed to provide three-word location identifier services using Non-Fungible Token (NFT) blockchain technology.
2019-5-31 11:43 | |
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South Korean traders have been very excited about the recent price increase in Bitcoin (BTC) and digital assets. According to data provided by Coin Dance, the weekly LocalBitcoin volume has set a new record a few days ago.
2019-5-28 02:22 | |
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Founded in 2013 by Leon Li, a former computer engineer at Oracle, Huobi Global is a digital asset and cryptocurrency headquartered in Singapore. Huobi also has local exchanges in South Korea, Japan, and through its strategic partner, the United States (also under the brand name Huobi).
2019-5-21 15:44 | |
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Servicing the digital assets space since early 2013, ZB Exchange is one of the world’s first and largest cryptocurrency trading platforms. For six years, ZB Exchange has built a reputation for innovation and security in markets like Korea, China, Japan, and Southeast Asia but this week saw ZB Exchange unveil a new, broader reaching strategy.
2019-5-17 19:00 | |
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United Arab Emirates (UAE) Emerges As World’s Crypto Capital Beating USA, UK, & South Korea The Kingdom of the United Arab Emirates (UAE) has beaten other countries to emerge at the top as the choice of location for the sale of digital assets.
2019-4-30 22:37 | |
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Earlier this week, Wirecard AG reached an agreement with the Japan-based Softbank Group Corporation. The deal states that the bank will invest €900 million in Wirecard through a convertible bond mechanism.
2019-4-27 17:36 | |
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Telecom giant Samsung has invested 2. 6 million euros ($2. 9 million) into crypto wallet manufacturer Ledger, the French financial publication Capital reports. The investment gives the France-based startup a nearly $290 million valuation, per the report.
2019-4-26 22:16 | |
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Leading tech company Samsung is said to be developing an Ethereum-based blockchain network with plans to issue its digital token down the line, Coindesk Korea reports April 23, 2019. Samsung Coin Could Be a Reality Citing a person “familiar with Samsung’s internal situation,” Coindesk Korea reported that the tech giant’s blockchain task force is developingRead MoreRead More.
2019-4-25 13:00 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global.
2019-4-24 22:55 | |
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Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.
2019-4-23 21:15 | |
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Crypto exchange platform Coinbase has announced that it will be expanding its crypto-to-crypto trading service to more countries. In the announcement, Coinbase explains that cryptocurrencies are in a transition period, which will see them move from being investment options to utilities.
2019-4-19 17:55 | |
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Hiroyuki Watanabe, CEO of B Dash Ventures, joins as an advisor for VELIC VELIC, a digital asset platform based in Singapore, announced an investment from a fund managed by B Dash Ventures, a prominent venture capital in Japan.
2019-4-3 07:02 | |
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PANTHEON X is gearing up to deliver incredible solutions in 2019 launching a platform that will change the way people invest in crypto funds. (March 29, 2019; Seoul, South Korea) 2018 was a rough year for cryptocurrency markets, but the market is far from dead, and many are looking for the best opportunity to get back in.
2019-3-29 13:05 | |
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On March 26, 2019, South Korea’s central bank published 2018 Annual Payment Settlement Report. In the report, the country’s apex bank has given a summary of research it conducted on central bank digital currencies (CBDCs).
2019-3-27 16:00 | |
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PALLET X, an advanced digital asset wallet was today released by Penta Security Systems Incorporated, which provides security solutions for blockchain, Internet of Things (IoT) and data to crypto trading services providers.
2019-3-20 01:58 | |
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A new U.N. report is linking cryptocurrency exchange hacks to North Korea. The report reveals that the embattled dictatorship continues to wage cyber attacks against other countries as a way to circumvent global sanctions and acquire foreign currency, using digital currencies to launder its illicit gains.
2019-3-19 21:00 | |
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According to fnnews, a mainstream financial media outlet in South Korea, Kakao is integrating crypto for its 44 million local users. Kakao is the biggest internet conglomerate in South Korea that operates KakaoTalk, KakaoPay, KakaoTaxi, KakaoStory, KakaoStock, and many other platforms that have overwhelming dominance in their respective markets.
2019-3-18 15:42 | |
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Even before the official announcement of Samsung Electronics on the launch of the Samsung Blockchain Wallet, local publications speculated that Samsung Pay could be behind the high-profile crypto integration for the Galaxy S10.
2019-3-10 18:22 | |
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Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29. 3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019.
2019-2-26 22:00 | |
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Digix, a blockchain ecosystem that tokenizes gold on the Ethereum network, has announced a partnership with Blucon, an integrated global payment platform that facilitates the unrestricted worldwide payment of digital assets.
2019-2-22 08:05 | |
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Hwang Hyeon-cheol, a former Citi and Allianz executive who worked on Wall Street for over two decades, has said that the valuation of the crypto market is still smaller than Samsung, the largest conglomerate in South Korea.
2019-2-19 01:41 | |
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Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people.
2019-2-18 18:30 | |
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A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks.
2019-2-8 14:20 | |
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But it’s not all doom and gloom.
2019-2-9 23:21 | |
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A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the South Korean financial system. The report claims that the launch of such a currency could push interest rates up and cause a liquidity shortage.
2019-2-7 18:59 | |
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South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News.
2019-2-7 16:40 | |
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South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News.
2019-2-7 16:40 | |
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A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.
2019-2-7 15:05 | |
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Public and banks are at opposite poles when it comes to central bank digital currencies, South Korea central bank suggests
2019-2-7 11:29 | |
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According to a local publication Blockinpress, crypto exchanges in South Korea are struggling to adjust to changing market conditions and the 14-month-long correction. Since January 2018, the global crypto exchange market has seen a rapid decline in volume.
2019-2-5 16:50 | |
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The ProBit Exchange is designed to be the most professional, global, and secure marketplace for digital assets. ProBit Crypto Asset Exchange Grand Opening ProBit recently announced that its Korea branch would officially open on January 29, 2019.
2019-2-3 15:49 | |
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South Korea’s Central Bank Will Not Issue A Digital Currency Soon The Bank of Korea, which acts as the central bank of the Asian country, has recently affirmed that it would not issue a central bank digital currency (CBDC), a popular idea that many banks are considering at the moment. According to the bank, which […]
2019-1-29 21:20 | |
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South Korea's central bank says there’s no urgent need to issue a central bank digital currency in the near term, but plans to conduct more research
2019-1-30 15:06 | |
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Four leading crypto-exchanges in South Korea including Bithumb, Corbit, Upbit and Coinone have joined forces to fight against cryptocurrency-powered money laundering activities, reported The Korea Herald on January 28, 2019.
2019-1-29 12:00 | |
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As Changpeng Zhao of Binance said: 2018 was the year of “correction”. It has also, in some ways, been the year for experimentation and discovering creative ways to grow the industry, as well as a year to invigorate and innovate the trading of digital assets – as was shown with the emergence of the security […] The post Blockchain Trends To Watch For In South Korea In 2019 appeared first on Crypto Briefing.
2019-1-11 19:33 | |
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Latest Bitcoin News The truth is that South Korea is famous for cryptocurrency and the opportunities presented by digital assets are like no other. Not only are they global but they can be an escape for stagnating local economy and hopeless politics.
2018-12-22 14:42 | |
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South Korean crypto exchanges and politicians gather together to debate on the regulatory scope for the local digital assets market.
2018-12-12 11:53 | |
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Every country is handling the regulation of cryptocurrencies in a different way. Some of them have been incredibly welcoming, providing regulation that clearly describes the proper usage and issuance of digital assets, while others have decided to completely ban cryptocurrencies.
2018-12-10 03:52 | |
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South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time.
2018-12-4 21:41 | |
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The Finance Ministry of the South Korean government announced a plan to tax initial coin offerings and digital currencies in accordance with the creation of the taxation infrastructure and international trends.
2018-12-4 14:00 | |
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At this year’s CryptoFrontiers Conference in New York City, digital currency exchange Huobi announced that it will begin offering derivatives contract trading. The service will be available via Huobi’s Derivative Market (Huobi DM) to customers of select countries and will allow them to open both short and long positions for a handful of coins.
2018-11-29 01:33 | |
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The first ever Digital Economy Forum Seoul 2018 will be held this week at Hotel Conrad Seoul. The ICON Foundation announced that its team would be attending the event in Korea. The forum is co-hosted by the Korea Ministry of SMEs and Startups (MSS) and Korea Ministry of Economy and Finance (MOEF).
2018-11-20 19:59 | |
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As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company.
2018-11-20 00:18 | |
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The Korea Bar Association is calling on the government to put in place laws guiding digital currency and investor protection. Bar Association Calls for Cryptocurrency Laws According to Reuters, South Korean lawyers called on the government to create laws that would enable the development of the digital currency industry and improve investors’ protection in the […] The post Cryptocurrency Investor Protection Laws are Necessary, says Korean Bar Association appeared first on Ethereum World News.
2018-11-9 16:55 | |
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Binance Dominates Cryptocurrency Platform Rankings, As Exchanges in Korea Surge Cryptocurrency exchanges are becoming critical elements to the entire crypto ecosystem as they are the initial point of entry for a majority of the users and investors in digital assets.
2018-11-7 02:57 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”
When mining bitcoin and receiving their hard-won currency, miners have to decide how to custody their earnings. A comprehensive guide to self-custody for those securing the Bitcoin network.
Derivatives exchange Deribit is the first to integrate FalconX’s Prime Connect.
LBBW will first offer crypto custody to corporate clients with a market launch planned for the second half of 2024.
BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said.
Onramp is harnessing multisig security, in which multiple custodians control the private keys to the bitcoin being held, tapping BitGo to perform this role alongside Coincover and Kingdom Trust.
The miner is adding Fidelity to diversify its bitcoin (BTC) custody.