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.
Latest South Korea News
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.
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.
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
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.
2 South Korean crypto exchange heads sentenced to prison
Leaders of Komid, a cryptocurrency exchange in South Korea, have been sentenced to serve jail time for faking exchange volumes.
Gear up for South Korea’s biggest blockchain conference—Chain Plus
More than 2,000 delegates from around the world are expected to attend Chain Plus+ Korea, one of the most influential blockchain summit and conference in South Korea.
South Korea: Seven crypto exchanges pass inspection
Seven cryptocurrency exchanges in South Korea passed the security inspection conducted by the government.
Up to 80% of South Korea miners folded during 2018: report
As a result of the down market in 2018, one South Korean expert estimates that between 70-80% of South Korean miners have ceased operation.
Bithumb ‘not responsible’ for compensating $335K hack victim, says court
South Korean cryptocurrency exchange Bithumb has escaped without liability following legal action brought by a victim of a $335,000 hack on the platform, in a landmark ruling for the cryptocurrency sector.
Upbit execs accused of exaggerating crypto orders to rake in over $106M
Cryptocurrency exchange Upbit, the largest in South Korea, has been accused of falsifying orders and manipulating data processing systems.
South Korea: Blockchain startup threatens to appeal ICO ban
Presto, a blockchain start-up in South Korea, has reportedly claimed that it will file a constitutional appeal over ICO ban.