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...
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...
South Korean Cryptocurrency Exchange Bithumb

Bithumb to Register New Accounts after Agreement with Partner Bank

Bithumb cryptocurrency exchange will resume registration of new accounts after it reached an agreement to renew ties with its partner bank, according to reports...

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...
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 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...
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...
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...