South Korea


Markets

South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules

South Korea has decided not to lift its ban on domestic initial coin offerings after a watchdog's survey found projects have been violating rules.

South korea FSC chairman

Markets

4 South Korean Crypto Exchanges Team Up to Tackle Money Laundering

Four major cryptocurrency exchanges in South Korea have partnered on an initiative to combat potential money laundering and protect users.

Seoul, South Korea

Markets

Crypto CEO Sentenced to 3-Year Jail Term for Faking Trading Volume

Two execs from South Korean crypto exchange Komid have been given jail time for faking trading volume and deceiving investors.

Handcuffs suit

Markets

Two Thirds of Korean Crypto Exchanges Fail Government Security Check

Only seven out of 21 South Korean cryptocurrency exchanges inspected got a full pass in a recent government security audit.

Test fail

Markets

The Biggest Problem for ICOs? In 2018, It Was Their Own Investors

Hashed CEO Simon Seojoon Kim looks at the inherent limitations of ICOs, in particular the belief that "anyone can invest in an initial project."

pig, tangle

Markets

Court Win for Bithumb Exchange in Case of Crypto Investor's $355K Hack

A South Korean court has ruled in favor of the Bithumb cryptocurrency exchange after a user sued the firm over a $355,000 hack.

gavel korean won

Markets

It's Time for Local Governments to Break Blockchain's Regulatory Gridlock

How a South Korean governor is moving fast on blockchain, despite a slow national legislature.

town, hall, government

Markets

Executives at Korean Crypto Exchange UPbit Indicted for Fraud

Three executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors.

Soeul central court_edited

Markets

South Korean Government Trials Blockchain for Shipping Efficiency Boost

Two South Korean government ministries are exploring blockchain's potential to bring new efficiencies to port logistics.

Busan New Port, South Korea

Markets

South Korea Eyes More Reliable E-Voting With December Blockchain Trial

South Korea's National Election Commission says it is building a blockchain-based voting platform to be trialed in December.

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