South Korea


Markets

Korean Financial Watchdogs Probing Blockchain Firms Over ICO Activity

South Korean regulators are contacting local blockchain startups as part of an investigation into initial coin offerings, according to CoinDesk Korea.

Korean won

Markets

South Korea to Double Blockchain Trials in Public Sector Next Year

The South Korean government is literally doubling down on its efforts to trial blockchain in the public sector for 2019.

seoul

Markets

Korea's Jeju Island Appeals to President in Push for ICO Hub Status

The governor of South Korea's Jeju island is maintaining his push to turn the autonomous region into a blockchain and initial coin offering free zone.

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Markets

Binance Backs $32 Million Funding for Unicorn Founder's Crypto Stablecoin

With an e-commerce company leading the launch of a new stablecoin, its founders and allies believe they can really bring crypto to consumers.

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Markets

Korean Crypto Exchange Bithumb to Restart User Registrations

South Korean cryptocurrency exchange Bithumb is reportedly renewing its contract with Nonghyup Bank after solving issues prompted by a June hack.

Bithumb

Markets

Hacked Crypto Exchange Bithumb Made $35 Million Profit in First Half 2018

South Korean cryptocurrency exchange Bithumb made net profits of about $35 million in the first half of this year, despite a rough June for the firm.

Bithumb on phone

Markets

District Judge Forms Blockchain Law Study Group in South Korea

A group of judges, lawmakers and industry experts in South Korea are forming a new law society to discuss legal issues surrounding blockchain.

Korea court 3

Markets

South Korea Budgets $880 Million for Tech Including Blockchain

The South Korean government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.

won

Markets

Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits

Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation.

South Korean National Assembly building

Markets

Korea's Jeju Island Seeks to Become ICO Hub Despite Domestic Ban

Korea's Jeju island is eyeing a plan to allow crypto projects to conduct initial coin offerings in the self-governing province despite a domestic ban.

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