South Korea

Bithumb Sees 40% Trading Volume Drop After User Registration Suspension

Trading volume on South Korea's Bithumb exchange has plummeted since it temporarily stopped offering new account registrations.

South Korea's Financial Supervisory Service has encouraged public and private sector companies to develop a blockchain-based stock trading system.

Korean police are investigating a cryptocurrency startup claiming to be selling treasure from a sunken ship, the Korea Joongang Daily reported.

Cryptocurrency exchanges in South Korea may soon lose eligibility for tax benefits currently granted to smaller companies and startups.

By Wolfie ZhaoJul 30, 2018

An executive at the Financial Services Commission has called on politicians to pass a bill regulating cryptocurrency exchanges "as soon as possible."

By Anna BaydakovaJul 26, 2018

The second largest mobile carrier in South Korea has launched its own blockchain network and aims to apply the tech across several sectors.

By Wolfie ZhaoJul 24, 2018

South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain.

By Daniel PalmerJul 20, 2018

South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth.

By Wolfie ZhaoJul 18, 2018

A South Korean government-funded organization has submitted a blockchain-related patent application to the U.S. Patent and Trademark Office.

By Muyao ShenJul 12, 2018

Lawmakers in South Korea are said to be racing to make laws to regulate the sector.

By Muyao ShenJul 11, 2018

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