South Korea

South Korean city to issue blockchain-based digital gift certificates
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14 August, 2020

South Korean city to issue blockchain-based digital gift certificates

Seongnam city will issue gift certificates to its residents via the Chak mobile app, and residents will be able to...
South Korea’s largest bank to store and manage digital assets
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13 August, 2020

South Korea’s largest bank to store and manage digital assets

Kookmin Bank’s move into digital currency custody comes at a time when regulators have progressively taken a positive approach towards...
South Korea police want to know: Who leaked digital currency tax bill?
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28 July, 2020

South Korea police want to know: Who leaked digital currency tax bill?

Authorities are looking into the source of a leak that exposed South Korea government’s digital currency taxation plan.
Korean central bank launches blockchain and AI department
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26 July, 2020

Korean central bank launches blockchain and AI department

Bank of Korea is seeking to step up its digitalization efforts with the launch of a new department that will...
South Korea proposal for 20% digital currency gains tax gains traction
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25 July, 2020

South Korea proposal for 20% digital currency gains tax gains traction

The proposal will be voted on September 3, 2020, and is expected to take effect on October 1, 2021—if passed.
South Korea to invest $48B in blockchain, AI, 5G
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16 July, 2020

South Korea to invest $48B in blockchain, AI, 5G

South Korea wants to digitize its infrastructure as part of the ‘Korea New Deal’. The gov’t intends to spend over...
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