2020-6-15 15:17 |
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.
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Officials have warned that there are ongoing threats against the US financial system by cybercriminals based in North Korea. There has been no explanation for what prompted the warning. Could North Korea be looking to destabilize the U.
2020-4-17 20:10 | |
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KB Kookmin Bank, the largest bank in South Korea, is preparing to launch its cryptocurrency custody service as soon as possible. As per the local news outlet Digital Today reported on March 27, KB Kookmin Bank filed a KBDAC trademark application in which it referred to the Digital Asset Custody subsidiary it proposed in January, […]
2020-3-27 18:10 | |
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Litecoin Foundation has partnered with South-Korean cryptocurrency company MeconCash to integrate Litecoin’s native cryptocurrency, LTC, on its payments platform. With this collaboration, LTC to Korean Won (KRW) withdrawals will be possible across more than 13,000 ATMs in South Korea.
2020-2-28 10:08 | |
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South Korean messaging giant Kakao is set to list its cryptocurrency token Klay on Upbit Indonesia. Klay Token Gets First Cryptocurrency Exchange Listing According to The Korea Times, Upbit Indonesia will be the first cryptocurrency exchange to list the Klay token.
2019-9-25 13:00 | |
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South Korean exchange, UpBit, announced on its website today that it would cease to give trading support for privacy coins from 30 September this year, in an effort to block possible money laundering on the platform.
2019-9-21 20:30 | |
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Malta-based CGEX, a cryptocurrency exchange launched by South Korea’s Coinone in October last year, will cease operating in a few weeks. An announcement posted last week specified that the exchange would cease operating on Sept.
2019-8-20 17:24 | |
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Crypto crimes, in the form of hacks, scams and money laundering, have become increasingly popular, ever since the market picked up. Crypto traders of today have heard of every possible way their assets can be compromised, whether this implies straight out of one’s personal wallets, crypto exchanges or falsified initial coin offerings. According to the […]
2019-7-22 00:11 | |
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LG Electronics Inc. , a leading South Korean multinational electronics firm and LG International Corp. , an affiliate of the LG Group have agreed to adopted Klaytn, the distributed ledger technology (DLT) platform of Korea’s messaging giant, Kakao.
2019-6-28 15:00 | |
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Accounting behemoth EY is putting wine on the blockchain. In a press release from last week (spotted by CoinDesk), the company announced it has developed a blockchain-powered platform for tracking the authenticity and origins of wine.
2019-5-28 12:18 | |
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Fin Foundation, a South Korean blockchain startup is looking to revolutionize the Russian and CIS gasoline market by making it possible for people to pay with FIN token when they purchase gas. At current, FIN token is already being accepted at several gas stations across South Korea.
2019-4-25 11:29 | |
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Korean Telecom Giant To Launch Blockchain As A Service (BaaS) Platform Next Month KT Corporation, the largest telecom company in South Korea, is getting ready to launch its first blockchain as a Service (BaaS) platform in March.
2019-2-22 23:31 | |
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Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume.
2019-1-23 00:57 | |
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First Official Debate About Cryptos To Happen On South Korea’s National Assembly: Possible Outcomes The world is set on regulating cryptocurrencies. Today, December 10, South Korea's National Assembly is set to reunite and discuss the future of crypto in the country.
2018-12-10 22:31 | |
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A recently-discovered patent implies Sony might be working on a new kind of game cartridge. Whether this is an idea for its upcoming console, tentatively called the PlayStation 5, or an as-yet-unknown successor to the poor old PlayStation Vita, we don’t know — but it’s also possible it could be both.
2018-11-27 22:09 | |
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Chart for XRP/BTC (1W) Ripple (XRP) has defended its 5 Week EMA. This is a clear message to all the critics out there calling Ripple (XRP)’s rally a pump and dump. RSI for the above weekly chart for XRP/BTC does seem to have neared the overbought range.
2018-10-9 18:30 | |
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There is the possibility that a ‘kimchi premium’ will appear again on the local trading platforms, the Bank of Korea said in its latest report.
2018-9-12 20:49 | |
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A possible ICO scam is under investigation in South Korea after a much-publicized shipwreck attracted the suspicions of local authorities. Sunken Treasures As reported by local outlet Korea Joongang Daily on August 1, 2018, Seoul-based Shinil Group is facing the heat as a critical figure in the scam.
2018-8-2 22:00 | |
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The authorities in South Korea are working round the clock to unravel a possible crypto investment scam, involving Shinil Group, a Seoul-based firm, which allegedly offered to pay investors in gold, from a Russian ship that sank 113 years ago.
2018-8-1 18:20 | |
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South Korean authorities are investigating a possible crypto investment scam involving the Seoul-based Shinil Group as the key figure, Korea JoongAng Daily reported July 31. Shinil Group (Shinil) allegedly promised to pay investors in gold from a sunken Russian shipwreck.
2018-8-1 08:22 | |
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Korean police are investigating a cryptocurrency startup claiming to be selling treasure from a sunken ship, the Korea Joongang Daily reported.
2018-8-1 22:20 | |
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The government of South Korea and local financial authorities are planning to pass the country’s first crypto and blockchain legislation as early as possible, to legitimize and strictly oversee the local cryptocurrency industry.
2018-7-26 09:30 | |
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It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.
2018-6-16 04:35 | |
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Notable booms include Loom Network’s LOOM, whose price surged approximately ten times over two months, and HIFI, whose prices spiked by 6,600% in September alone.
Four employees of South Korean crypto exchange Coinone have been indicted for allegedly employing illegal methods to amass profits exceeding 2.98 billion Korean won.
A group of Korean exchanges recently announced guidelines for listing and relisting tokens.
The unregistered crypto exchanges face up to five years in prison or fines of approximately $37,000 with a ban on future registration in South Korea. Korea Cracks Down on Unregistered...
Blockchain analytics provider Coinfirm will help Binance Korea better comply with anti-money laundering rules.
Talk of CBDCs may have taken a back seat for many world central banks right now. Yet, despite claiming there was no reason for one just a couple of months ago, the Bank of Korea has unveiled a 22-month pilot plan.
