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South Korea
Korea Telecom Announces Blockchain For Network Security
South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network.
South Korea Raids 3 Crypto Exchanges in Embezzlement Probe
South Korean prosecutors reportedly raided the offices of three cryptocurrency exchanges on suspicion of siphoning off funds from customers' accounts.
Report: South Korea Could Ease Its ICO Ban
South Korea's ban on initial coin offerings (ICOs) could be relaxed in the months ahead, according to a new report.
Korean Messaging Giant Kakao to Launch Blockchain Subsidiary
South Korean internet giant Kakao, which owns the popular messaging app Kakao Talk, is reportedly moving to integrate blockchain in its business.
Bitcoin's 'Kimchi Premium' Has All But Evaporated
CoinDesk data shows that the gap between South Korea's bitcoin prices, and those shown by the global market, closed over the course of February.
South Korean Bank Trials Ripple for Overseas Remittances
South Korea's Wooribank has reportedly completed an overseas remittance test using Ripple's DLT solution.
Trump Sanctions on North Korea Won't Stop Crypto Hacks, Senator Says
One U.S. senator thinks the Trump administration isn't doing enough to deter North Korean attacks on cryptocurrency users and exchanges.
South Korea to Support 'Normal' Crypto Trading, Says Finance Watchdog
South Korea's Financial Supervisory Service has reportedly said that the government will support "normal" cryptocurrency trading transactions.
Korean Government Remains Firm on Crypto KYC Mandate
South Korea has doubled down on its commitment to eliminating the use of cryptocurrency in illicit activities, but played down more serious proposals.
South Korea Mulls BitLicense-Style Rules for Crypto Exchanges
South Korea is considering adopting a system similar to New York's "BitLicense" for the regulation of cryptocurrency exchanges, a report states.
