South Korea Earmarks $4.4 Billion for Blockchain and Select Innovative Sectors

The government of South Korea will reportedly invest 5 trillion won (about $4.4 billion) in the development of eight innovative sectors of the economy...

South Korea’s ICT Ministry to Train Youths on Blockchain, And Other...

The South Korea's Ministry of Science and ICT is launching a new program aimed at promoting young Korean people in the area of innovative...
south korea blockchain crypto

How Bitcoin, Ethereum, Ripple and Litecoin will be affected by South...

South Korea fines cryptocurrency exchanges not abiding with privacy guidelines South Korea is increasingly regulating the cryptocurrency market in order to avoid the usage of...
Korean Internet giant kakao blockchain subsidiary smarttest.wpmudev.host

Korean Internet giant, Kakao Corp is launching Blockchain Subsidiary

South Korean giants and owners of the popular messaging app Kakao Talk, Akamai are set to launch a subsidiary with a focus on developing...
crypto mining

Korean Police Arrest Bitcoin Miners Illegally Using Factory Power

In South Korea, 14 bitcoin miners have been busted for illegally making use of cheap electricity in industrial complexes to mine cryptocurrencies. The report...

Ripple news-Consortium of 61 banks to create a Ripple based mobile...

MoneyTap mobile app is being launched by 61 bank Japanese consortium. The banks will be using the Ripple protocol in order to instantaneously transfer...
23 out of 33 Cryptocurrency Exchanges in South Korea agree to Self-Regulation – Cryptocurrency News

23 out of 33 Cryptocurrency Exchanges in South Korea agree to...

The blockchain community in South Korea under the platform, The Korea Blockchain Association (KBA) is planning a self-regulatory framework for cryptocurrency exchanges in Korea....
South Korea Cryptocurrency News smartereum

South Korea’s Central Bank Denies Plans of a National Cryptocurrency

The Bank of Korea (BOK), South Korea’s central bank has declared that it does not plan to issue a central bank digital currency (CBDC)...

Ethereum Price Prediction: ETH Could Hit $3000 in 2018 and Here’s...

Ethereum has gotten a lot of attention from investors these past few weeks thanks to the steady surge in price, but price analysis reveals...

Operator of UPbit Crypto Exchange Affirms its Solvency, Cites Audit Results

If there was any doubt about the legitimacy and liquidity of Korean cryptocurrency exchange, UPbit, it was put to rest on Saturday, August 4...
South Korea Cryptocurrency News smartereum

Government Of Seoul City Appoints New Members To Its Blockchain Governance...

The Seoul Metropolitan Government in South Korea has issued appointment letters to new members of its blockchain governance team. The team was set up...
Bitcoin-South-Korea

South Korea Finance Minister: No ban on cryptocurrencies like Bitcoin, Ethereum,...

The finance minister of South Korea Kim Dong-Yeon has tried to quell the laws of the cryptocurrency investors by stating that the government does...

South Korea To Formally Recognize Cryptocurrency Exchanges as Financial Institutions –...

The government of South Korea is taking steps to formalize the position of cryptocurrency exchanges as legitimate financial institutions in the country. Local news...
Bitcoin-South-Korea

South Korea May Legalize Bitcoin Soon

South Korea has been at the forefront when it comes to cryptocurrencies. South Korea has moved a step further towards legalizing Bitcoin. It seems...

A Region in South Korea Seeks to Become An ICO Haven

The Jeju Island region of South Korea is reportedly seeking approval to establish a Free Zone for Initial Coin Offerings (ICO). According to the...
crypto mining

Cryptocurrency mining News-South Koreans are investing in mining rigs significantly

South Koreans are already at the forefront when it came to investing in cryptocurrencies. Recently, however, South Koreans have also started investing in cryptocurrency...

South Korea’s Financial Regulator to Create Department For Cryptocurrency and Blockchain...

South Korea's Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The new department dubbed...
crypto-exchange-hacked

Youbit Re-emerges As Coinbin Following Hack And Insurance Scandal

Youbit reportedly reopens after suffering series of hacks and alleged bankruptcy filing. One of the biggest property-and-casualty insurers in South Korea, DB insurance, has denied...
huobi-korea

Huobi Korea Launches trading services In South Korea with trading in...

On the 30th of March, the subsidiary of a Beijing-based provider of cryptocurrency trading services, Huobi, announced its official launch in South Korea. Covering 208...
South Korean Cryptocurrency Exchange Bithumb

Bithumb Crypto Exchange Stop Issuing New Accounts as Bank Contract Renewal...

Bithumb, one of the biggest cryptocurrency exchanges in South Korea, has suspended the creation of new virtual accounts on its platform. This has been...