south korea

Leading South Korean carrier SK Telecom has developed the first nationwide Internet of Things network to make the country even more connected.

South Korea Blockchain Association Got Under Fire After Approving 12 out of 12 Crypto Exchanges
July 13th, 2018

The biggest self-regulatory cryptocurrency body is under scrutiny of Korean industry for its investigation principles affirming 12 out of 12 digital trades screened in a recent self-administrative drive.

South Korea Likely to Relax Cryptocurrency Rules to Cooperate with the G20 Directives
July 7th, 2018

The FSC revised its rules to apply strengthened policies in order to prevent or detect money laundering and illegal activities because they aren’t opposed to cryptocurrencies.

South Korea Admits Crypto Exchanges Being Regulated Financial Institutions
July 6th, 2018

From now on the cryptocurrency exchanges of South Korea form a new industry named “Cryptocurrency Exchange and Brokerage” able to operate at a large capacity with full government support.

LG CNS to Launch South Korea’s ‘First Public Blockchain Platform’
June 13th, 2018

This blockchain platform is aimed at providing important services like digital authentication and document certification services and community tokens.

South Korea’s Crypto Exchange Coinrail Hacked With Up to $40 Million in Damages
June 11th, 2018

Coinrail reported that a cyber-intrusion caused some ERC20-based tokens being stolen from the exchange worth nearly $40 million.

No Illicit Activities Found on South Korea’s Biggest Crypto Exchange
June 8th, 2018

Although financial regulators found no evidence of suspicious business activities, the exchange still has to pay taxes amounting to $28 million.

National Assembly of South Korea Pushes a Proposal to Lift ICO Ban
May 29th, 2018

The National Assembly of South Korea has put forward an official recommendation to allow the domestic ICOs in the country.

South Korea’s Bithumb Will Ban Trading in 11 Countries, Including North Korea and Iran
May 28th, 2018

This step from Bithumb is in line with maintaining more transparency in its operations while complying with all the regulatory measures.

South Korea Will Change Crypto Policy Following G20 Decision to Acknowledge Cryptocurrencies as ‘Financial Assets’
May 16th, 2018

Having rather strict cryptocurrency policies, the government of South Korea took a decision to soften them and create more crypto-friendly regulation.

Crypto Market is Down as Korea’s Largest Crypto Exchange UPbit Raided by Authorities
May 11th, 2018

Korea’s biggest cryptocurrency exchange is being investigated by the local authorities which has led to crypto prices decline.