South Korea


Markets

Binance Enters Korean Market With New Business Entity

Binance may have taken another step toward launching a crypto exchange arm in South Korea, according to a new business registration.

Binance Logo.

Markets

Korean Government to Back Blockchain Startups With $9 Million Fund in 2020

The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding.

BTC and won

Markets

Major Korean Banks Join Government-Backed Blockchain ID Initiative

Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.

Initial

Markets

South Korea Aims to Put Trade Finance on the Blockchain by 2021

The government-backed program will bring trade and contract data into distributed ledgers.

government, support

Markets

Token Investors May Sue After Former Korean Social Media Giant Shuts Down

A once hugely popular social media site, Cyworld's abrupt closure brings uncertainty to holders of its recently launched crypto token.

korea, won

Markets

OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash

OKEX Korea is reconsidering a decision to delist the privacy coins zcash and dash it announced in September.

zcash and dash

Markets

South Korean Court Issues Landmark Decision on Crypto Exchange Hacking

The Seoul court ruled that a hacking is not the responsibility of an exchange but a transfer of funds is.

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Markets

Crypto Exchange Bithumb’s $333 Million Acquisition May Be in Jeopardy

A fintech firm's acquisition of Bithumb reportedly hasn't been fully paid for, even after a deadline was extended.

Bithumb on phone

Markets

Former Credit Agency Staffers Form Korean Blockchain Rating Firm

With investors lacking information and objective reviews on blockchain projects, a Korean blockchain rating company is formed.

Seoul, South Korea

Markets

Property Blockchain Projects Announced in Northeast Asia, One Sony-Related

A flurry of announcements related to property and blockchain in Korea and Japan were made in September.

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