Tag: South Korea
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South Korean Government Criticized Over Lack of Cryptocurrency Regulation
Regulating cryptocurrencies remain an ongoing debacle. Numerous countries attempt to do so through various efforts. South Korea, one of the more pro-cryptocurrency countries, still has…
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Crypto Octoberfest: Bithumb Launches Cashback Promotion for Overseas Users
Bithumb, the leading Korean cryptocurrency exchange, is holding a promotional event during which international users can benefit from a 70% payback on transaction fees. International…
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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 largest…
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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…
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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 a…
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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 the…
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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 system.…
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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 blockchain…
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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 will…
