Tag: South Korea

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Altcoin News

South Korea’s Bithumb Crypto Exchange Sold to Singapore Based BK Global for $353 Million

News coming out of the local media in South Korea indicate the sale of Bithumb to BK Global Consortium. Bithumb is one of the...
ICO

South Korea’s FSC Rejects Allowing ICOs, Claims There Are ‘Uncertainities’ to Them

South Korea's financial regulator has rejected steps to permit initial coin offerings (ICOs), arguing that there are "uncertainities" related to them. South Korea Says No Speaking...
Blockchain Infrastructure

Seoul Sets Sight on Becoming a Mega Blockchain Technology Hub

Park Won-soon, the mayor of Seoul, says the city plans to become a mega blockchain hub. The South Korean capital is set to unveil...
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...
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