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South Korea
Korean Government to Back Blockchain Startups With $9 Million Fund in 2020
The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding.
Major Korean Banks Join Government-Backed Blockchain ID Initiative
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.
South Korea Aims to Put Trade Finance on the Blockchain by 2021
The government-backed program will bring trade and contract data into distributed ledgers.
Token Investors May Sue After Former Korean Social Media Giant Shuts Down
A once hugely popular social media site, Cyworld's abrupt closure brings uncertainty to holders of its recently launched crypto token.
OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash
OKEX Korea is reconsidering a decision to delist the privacy coins zcash and dash it announced in September.
South Korean Court Issues Landmark Decision on Crypto Exchange Hacking
The Seoul court ruled that a hacking is not the responsibility of an exchange but a transfer of funds is.
Crypto Exchange Bithumb’s $333 Million Acquisition May Be in Jeopardy
A fintech firm's acquisition of Bithumb reportedly hasn't been fully paid for, even after a deadline was extended.
Former Credit Agency Staffers Form Korean Blockchain Rating Firm
With investors lacking information and objective reviews on blockchain projects, a Korean blockchain rating company is formed.
Property Blockchain Projects Announced in Northeast Asia, One Sony-Related
A flurry of announcements related to property and blockchain in Korea and Japan were made in September.
Korean Conglomerate CJ Develops Blockchain for Music Copyright
CJ, one of South Korea's largest conglomerates, is developing a blockchain-based music copyright management system.
