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...
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...

South Korean firm Under Investigations for $130 billion ‘treasure ship’ Gold...

Police officers in South Korea are investigating a possible fraudulent cryptocurrency deal involving a Seoul-based company, Shinil Group. The company allegedly claimed that it...
ico initial coin offering

How are different countries tackling ICOs? Cryptocurrency and ICO Regulations in...

How are different countries tackling ICOs? The number of ICOs which are being launched these days are plenty. All over the world, governments and...
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...

Upbit users to be Paid in Cash Rewards for reporting illegal...

Upbit, the Kakao-backed crypto exchange has just launched a system that will reward users for reporting illegal multilevel cryptocurrency schemes. Upbit is among the many...
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...

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...
South Korea Cryptocurrency News smartereum

South Korea Excludes Crypto Exchanges from Venture Enterprise Category

South Korea’s Ministry of Small and medium-sized enterprises (SMEs) and Startups (MSS) will exclude cryptocurrency exchanges from the Venture Enterprise Classification. According to a press...
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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...
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...
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)...
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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...

Three of the “Big Four” Cryptocurrency Exchanges in South Korea Recorded...

Upbit is the only member of the “big four” cryptocurrency exchange platforms in South Korea to record profits for 2018. The big four refers...

Cryptocurrency Market Update – Why Down?: Bitcoin (BTC) and Ethereum (ETH)...

The leading cryptocurrency in the market, Bitcoin and its second, Ethereum, have both started trading in red losing about 10% of recent gains. The...

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...
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...
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...
initial coin offering ico

Private sector in South Korea urging government to lift the ICO...

South Korea is one of the few countries which have banned ICOs altogether. Currently, it seems like the government of South Korea is trying...

South Korea May Ease The Ban On ICO

New reports show that South Korea may ease its ban on ICOs soon.   In September, the Financial Services Commission in South Korea, took action to...