South Korea


Markets

SBI Reveals Joint Blockchain Remittance Venture With South Korean Startup

South Korean bitcoin exchange Coinplug has announed a new joint remittance venture with the fintech subsidiary of Japan-based investment group SBI.

SK

Markets

Korean Lawmaker Calls for Consumer Protection in Cryptocurrency Bill

A revision to domestic law in South Korea could soon set the stage for the nascent cryptocurrency industry to be regulated.

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Markets

South Korean Bitcoin Exchange to Pay Back Users After Account Thefts

South Korea's largest bitcoin and ether exchange is moving to compensate users after its data systems were compromised.

Theft, Steal

Markets

Electronics Giant LG is Testing R3's Distributed Ledger Software

A subsidiary of multinational electronics firm LG has announced it intends to investigate blockchain use cases in finance.

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Markets

South Korean Government to Auction $540k in Bitcoin

The South Korea government plans to auction 216 bitcoins that it confiscated during a 2016 criminal investigation.

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Finance

South Korean Conglomerate Launches Blockchain Logistics Service

A subsidiary of South Korean conglomerate SK Group has launched a new blockchain service focused on trade logistics.

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Markets

Bank of Korea: Costs Could Limit Cryptocurrency Use

Bank of Korea has published a new working paper that speculates on how a cryptocurrency economy would impact central banks.

Bank of Korea

Markets

Local Government in South Korea Taps Blockchain for Community Vote

A South Korean provincial government recently tapped technology developed by blockchain startup Blocko for a vote on community funding.

Blocko

Markets

Korea's Central Bank Considers 'Supernode' for Blockchain Oversight

The Bank of Korea has published research on issues it believes could hinder distributed ledger adoption, with a "supernode" being one solution.

Bank of Korea

Markets

Why 2017 Will Take Blockchain to New Heights

Coinplug CEO Ryan Uhr looks at how blockchain technology has fared in Korea over the last 12 months and makes some predictions for 2017.

seoul fireworks