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South Korea

South Korea bank rolls out blockchain-based mobile identification system
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2 March, 2020

South Korea bank rolls out blockchain-based mobile identification system

South Korea's Nonghyup Bank has announced the launch of a blockchain-based mobile identification system for commercial usage.
South Korean tax experts propose gradual two-step crypto taxation
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27 February, 2020

South Korean tax experts propose gradual two-step crypto taxation

Tax experts in South Korea have proposed a gradual tax imposition for crypto, starting with a low level tax trading...
Seoul to debut blockchain petition system in March
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26 February, 2020

Seoul to debut blockchain petition system in March

The system will replace the existing system that lets the residents petition the local gov’t to address various issues, introducing...
Bank of Korea working on blockchain for issuing bonds
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19 February, 2020

Bank of Korea working on blockchain for issuing bonds

The South Korean central bank has reportedly been working on a pilot for a system that would issue and record...
This week in tech: Blockchain makes foray into fighting the Coronavirus
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9 February, 2020

This week in tech: Blockchain makes foray into fighting the Coronavirus

The Coronavirus continues to destroy and blockchain could help China in its response, enabling transparency in distribution of funds and...
Upbit-linked crypto wallet BitBerry to shut down
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5 February, 2020

Upbit-linked crypto wallet BitBerry to shut down

South Korean crypto wallet Bitberry is set to shut down at the end of this month, blaming the crypto market...
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