Business 12 March 2019

Kakao raises millions in coin offering, prepares for blockchain launch

Kakao has raised $90 million through a private coin offering, and are gearing up for a big blockchain project.

Business 8 March 2019

South Korea creates task force to fight crypto fraud

South Korean authorities want to make sure that consumers are protected from fraud and other crimes, especially in the nascent cryptocurrency world.

Business 22 February 2019

KT set to launch blockchain platform in March

The largest telecommunications operator in South Korea issued a statement on Thursday declaring their plans to launch a new blockchain as a service platform beginning in March.

Business 20 February 2019

$1 billion Seoul startup fund to include blockchain companies

The fund has been committed by the government in Seoul, South Korea’s capital, through the Seoul Innovation Growth Fund, designed to encourage entrepreneurship within the city.

Business 15 February 2019

South Korean Kakao puts $57M into blockchain, AI research in Q4 2018

According to a new report, South Korean internet giant Kakao invested $57 million in the research and development of new blockchain and AI technologies.

Business 15 February 2019

South Korean telecom firm to launch local cryptocurrency

South Korea’s largest telecoms company, KT Corporation, has been chosen to operate a new local cryptocurrency platform for Gimpo City, according to reports.

Business 15 February 2019

Huobi Wallet brings Bitcoin SV, other cryptos to Japan and Korea

Huobi Wallet has extended support for cryptocurrencies like Bitcoin SV to its customers, now including those based in Japan and Korea.

Tech 14 February 2019

South Korea’s KEB Hana Bank files 46 blockchain-related patents

The largest foreign exchange bank in South Korea has filed 46 patents for blockchain technology, in one of the largest single disclosures of blockchain IP ever disclosed.

Business 8 February 2019

Central bank digital currency could harm South Korea’s financial system​

A report by the Bank of Korea pointed out that introducing a CBDC would lead to a decline in commercial banks’ demand deposits, causing a cash shortfall.

Business 5 February 2019

South Korea: Bear market weigh heavily on exchanges

Some crypto exchanges in South Korea can barely keep their business running while others are being forced to close down.

Business 1 February 2019

South Korea’s ICO ban to stay, regulators say

South Korea will maintain its ban on initial coin offerings (ICOs), following analysis of a survey conducted by the country’s Financial Supervisory Service (FSS), on behalf of Korea’s chief financial regulator

Events 30 January 2019

Blockchain Convergence Summit Chain Plus 2019 highlights

What does the future of blockchain hold? That was the overall theme of the Blockchain Convergence Summit: Chain Plus in Seoul, South Korea.