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South Korea Denies Cryptocurrency Exchanges From Venture Firm Certification

Although the South Korean Government is keen to improve blockchain regulations, they do not express the same sentiment towards the cryptocurrency industry. According to an article published by Business Korea on October 1, 2018, the South Korean Government decided to deny cryptocurrency exchanges from venture firm certification, which will lead to an increase in taxes for these companies. дальше »

2018-10-3 23:00


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South Korean Government Pledges to Support Domestic Blockchain Projects

South Korea’s Ministry of Science and Information Communications Technology (ICT) has vowed to increase Government funding and support for the nation’s blockchain companies. According to Business Korea’s article published on September 21, 2018, the Government’s decision to boost support was to assist blockchain startups with current challenges and help drive growth to domestic blockchain industry. дальше »

2018-9-23 23:00


South Korean’s MSICT Offers Help to Crypto Companies For Accelerating Blockchain Adoption

This Friday the South Korean Ministry of Science and Information Communications Technology (MSICT) promised support to facilitate the growth of the domestic blockchain industry. Min Won-ki, the Minister of Science held a meeting with blockchain startups as part of the government’s effort to establish contact with organizations in what it has dubbed the 10 key […] дальше »

2018-9-22 18:00


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ICONLOOP Signs MOU with Korean Conglomerate to Develop Blockchain Business Models for Financial Industries

The financial service sector is becoming increasingly aware of the power and utility of blockchains. The large-scale institutions servicing millions of people across the globe need customized blockchain solutions that could address their unique needs and handle the large daily volume. дальше »

2018-9-21 22:49


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South Korean Telecoms Giants Set to Offer Blockchain-Based Mobile Payments Solution

South Korean mobile carrier and global electronics giant LG Uplus has joined forces with Far EasTone Telecommunications, SoftBank, and TBCASoft, to develop a cross-carrier blockchain payments solution to enable local mobile phone subscribers from different networks to make quick payments with their phones when they travel abroad, reported The Korea Times on September 16, 2018. дальше »

2018-9-19 18:30


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LG’s Blockchain Service To Facilitate Cross-Carrier International Payments

LG’s telecom subsidiary, LG Uplus, has signed a memorandum of understanding that will see it offer its users blockchain-based international payments. The service will begin trial early next year and will enable users to make payments in Japan and Taiwan, the first such product by a Korean telecoms operator. дальше »

2018-9-19 18:00


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Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets

The Bank of Korea has warned that significant price differences between South Korean exchanges and those abroad, or the “Kimchi Premium,” may emerge in the coming years. Kimchi May Strike Back According to local outlet No Cut News, South Korea’s central bank cautioned officials of another “Kimchi Premium”-like situation if regulations and crypto trading frameworks […] The post Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets appeared first on CryptoSlate. дальше »

2018-9-12 07:00


Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification

South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local […] The post Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification appeared first on Bitcoin News. дальше »

2018-9-11 10:35


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Crypto-Friendly Belarus Seeking South Korean Investment for DLT, A.I. and Blockchain Startups

Eastern European nation, Belarus has made it clear its doors are open to international investors from South Korea and various regions to invest in its vibrant blockchain technology, artificial intelligence, and other ‘fourth industrial revolution’ technologies industry, as first reported by Korea JoongAng Daily on September 6, 2018. дальше »

2018-9-11 23:00