Tag: South Korea

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Altcoin News

South Korea: Emerging Regulatory Landscape for ICOs

Regulators in South Korea are softening their stance towards cryptocurrency trading and ICOs. The country’s government may soon come up with regulations and reverse...
Blockchain Technology

South Korea Partners with Samsung SDS to Develop Blockchain Customs System

South Korea makes yet another serious move towards serious blockchain adoption as it plans to implement the distributed ledger technology to its Customs’ clearance...
Blockchain Technology

Jeju Island Is On the Way to Becoming A Blockchain Hub

Other than being the South Korean favorite tourist destination, Jeju Island is taking a new route where it seeks to officially welcome crypto and...
Altcoin News

South Korean Province Replaces Gift Cards With a Native Cryptocurrency

Numerous governments mull the creation of their own state-backed cryptocurrency. Launching such a venture is a lot easier said than done. A new cryptocurrency...
Altcoin News

Lawmaker Advocates a Regulation-free ICO Sandbox for South Korea

Initial coin offerings remain a controversial vehicle in the eyes of regulators. South Korea wants to bring this industry to the forefront in a...
Altcoin News

Asian Countries in It to Win It When It Comes to Being the Next Crypto Hub

The race is on to see which Asian country will take the title of being the next crypto hotspot. With big money being invested...
Bitcoin News

Bitcoin Exchanged for More than $2 Million Worth of Counterfeit Notes in Scam

It seems as if August is the month of cryptocurrency scams in South Korea. First, we reported on an alleged scam involving buried treasure....
Altcoin News

South Korean Police Raid Shinil Group Over Alleged Shipwreck Cryptocurrency Scam

Earlier this week, police in South Korea raided the offices of Shinil Group, a Seoul-based company that claimed to have discovered the wreck of...
Blockchain Infrastructure

South Korea’s FSC to Establish Exclusive Blockchain Division

The financial regulator of South Korea, the Financial Services Commission (FSC), is set to establish a new department designated to govern policymaking initiatives specifically...
Bitcoin News

Bitcoin Drops to New Low Below $6,000, Market Prices Rally Slightly

The price of Bitcoin fell below $6,000 over the weekend, hitting a new low as sentiment among investors took a downward dive. New Low for...
Altcoin News

South Korea: Cryptocurrency Exchanges Having Problems Getting Insured

One vital necessity for a business is insurance. However, cryptocurrency exchanges in South Korea are finding it extremely difficult in finding insurers due to...
Bitcoin News

CryptoUK Assures British MPs That Customers’ Crypto Assets Are Safe

British MPs have been assured by the country's Bitcoin website operators that consumers' crypto assets are secure after security concerns were raised by members...
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