South Korea Archives • Bitcoin Feed News

Cointelegraph / South Korea’s CJ Corp Taps Amazon’s Blockchain for Music Copyrights

September 20, 2019 / cointelegraph

An IT arm of South Korea’s major conglomerate CJ Corp is using Amazon’s blockchain tech to improve music copyright management. CJ Corp implementing Amazon Managed Blockchain CJ OliveNetworks, a technology…

Coindesk / Korean Conglomerate CJ Develops Blockchain for Music Copyright

September 20, 2019 / coindesk

CJ, one of South Korea’s largest conglomerates, is developing a blockchain-based music copyright management system using AWS’ Amazon Managed Blockchain Service, according to local media. Korean news agency Yonhap said…

Cointelegraph / Korea: Opposition Party Boasts Pro-Crypto Policy in Contrast to Gov’t

September 19, 2019 / cointelegraph

South Korea’s main opposition party, the Liberty Korea Party (LKP), is poised to unveil its policy for cryptocurrencies and crypto exchanges. As Cointelegraph Korea reported on Sept. 19, the LKP’s…

Coindesk / OKEX Korea Drops 5 Privacy Coins Citing FATF Rules

September 16, 2019 / coindesk

Regulatory pressure on cryptocurrency exchanges to stop providing users with access to so-called privacy coins is growing. The South Korean arm of the Malta-based OKEX exchange announced early on Monday…

Cointelegraph / OKEx Delists Monero, Dash, Zcash, Privacy-Cryptos Over FATF Demands

September 16, 2019 / cointelegraph

The South Korean arm of cryptocurrency exchange OKEx is removing support for five major altcoins due to new international regulations. FATF rules halt privacy coins trading In a blog post…

News.Bitcoin / At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

September 15, 2019 / newsbitcoin

In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the…

Cointelegraph / Major South Korean Mobile Carrier Launches Blockchain Project

September 11, 2019 / cointelegraph

Union Mobile, the fourth-largest mobile carrier in South Korea, announced the launch of its blockchain project called ELYNET. Using blockchain to make communication more efficient On Sept. 11, Union Mobile…

Cointelegraph / LG Developing a Blockchain Phone in Response to Samsung: Korean Media

September 9, 2019 / cointelegraph

South Korean electronics giant LG is working with blockchain developers to launch a rival to Samsung’s Klaytn blockchain smartphone, sources have said. LG in talks with local developers Speaking to…

Cointelegraph / Crypto News From the Spanish-Speaking World: Sept. 2–8 in Review

September 7, 2019 / cointelegraph

The Spanish-speaking world saw some major developments this week with Spain introducing a reinforced authentication system for payments, Mexico giving fines up to $47,000 for the unauthorized use of crypto…

Cointelegraph / Korea’s Biggest Entertainment Company to Launch Its Own Cryptocurrency

September 5, 2019 / cointelegraph

Korean pop music giant SM Entertainment revealed plans to build its own cryptocurrency and blockchain in partnership with tech organization CTIA Labs. CT-AI Labs CEO Sang-Sik Joo announced the initiative…

Coindesk / K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency

September 5, 2019 / coindesk

SM Entertainment, one of Korea’s top-three pop talent agencies, is planning to build its own blockchain network with a native cryptocurrency as it battles a shareholder revolt and a falling…

Cointelegraph / Samsung Launching a Galaxy Note 10 Crypto-Phone Edition: Sources

September 5, 2019 / cointelegraph

South Korean tech giant Kakao Corp. will issue its affiliate cryptocurrency, KLAY, direct to Samsung smartphone users. According to the Wall Street Journal (WSJ) citing people familiar with the plans…

Coindesk / Fewer Than a Quarter of Blockchain Businesses in Korea Generate Sales

September 4, 2019 / coindesk

Fewer than a quarter of technology companies in South Korea involved in blockchain development have actually achieved any revenue related to their blockchain initiatives, far lower than the success rate…

Cointelegraph / SK Group’s Securities Arm Teams Up With Blockchain Real Estate Firm

September 4, 2019 / cointelegraph

SK Securities, a branch of South Korea‘s largest telecom SK Group, has partnered with a local blockchain firm for a digital real estate beneficiary platform. The securities operator has signed…

Cointelegraph / Samsung Files Patent for ‘Programmable Blockchain Solid State Drive’

September 3, 2019 / cointelegraph

South Korean consumer electronics giant Samsung has filed a patent for a blockchain-enabled Solid State Drive (SSD). “Programmable blockchain solid state drive and switch” Local industry news outlet Decenter reported…

Cointelegraph / South Korea’s Kakao May List Its Klay Token on Chinese Exchange

September 2, 2019 / cointelegraph

South Korean internet giant Kakao is reportedly planning to list its cryptocurrency Klay on a Chinese crypto exchange and one local exchange. Kakao might have trouble listing Klay in Korea…

Coindesk / South Korea’s Kakao May List Its Klay Cryptocurrency on Chinese Exchange

September 2, 2019 / coindesk

South Korea’s Kakao is looking to list its cryptocurrency on an exchange but it may not be able to list the token domestically, according to a report from News1, a…

Cointelegraph / North Korea Denies It Stole $2 Billion From Crypto Exchanges and Banks

September 1, 2019 / cointelegraph

North Korea is denying accusations of obtaining $2 billion through hacking banks and cryptocurrency exchanges. North Korea accuses the United States of spreading rumours On Sept. 1, the country’s official…

Cointelegraph / South Korean ArtBloc to Sell David Hockney Paintings via Blockchain

August 31, 2019 / cointelegraph

South Korean art-focused blockchain project ArtBloc will conduct a fractionalized ownership sale of two paintings by popular British painter David Hockney. ArtBloc launch commemoration ArtBloc plans to host a special…

Cointelegraph / Samsung Galaxy S10 Now Supports Stablecoins: TrueUSD, Maker, USD Coin

August 30, 2019 / cointelegraph

Following integration with major cryptos, South Korean tech giant Samsung expands the coins supported by the Galaxy S10 device with three stablecoins. According to a U.today report on Aug. 30,…

NewsBTC / South Korea Regulator to Support Proposed Crypto Exchange Regulation

August 28, 2019 / newsbtc

The chairperson of the South Korean Financial Services Commission (FSC) has stated that he is in favour of a proposed reporting system for crypto exchanges operating in the nation. The…

Coindesk / Korea’s SFC Chair Nominee Intends to Maintain Go-Slow Approach to Crypto

August 28, 2019 / coindesk

The nominee for the chairmanship of Korea’s top financial regulator on Monday indicated that he would maintain current policy and policy direction in terms of cryptocurrencies and crypto exchanges. Eun…

Bitcoinist / Bitcoin Traded Most With Asian Fiat Currencies: Report

August 28, 2019 / bitcoinist

There are many metrics to ascertain the popularity of bitcoin and cryptocurrency trading in different geographic regions across the world. One of them is the most traded fiat currencies chart…

Coindesk / South Korea’s BC Card Is Using KT’s Blockchain for Rewards Settlement

August 27, 2019 / coindesk

BC Card, the largest payments processor in South Korea, says it is using blockchain technology to settle rewards points, according to an Aug. 27 report in the Chosun Ilbo. The underlying…

Coindesk / Hong Kong’s HashKey Capital Invests in Terra’s Mining Token

August 26, 2019 / coindesk

Terra, the stablecoin and payments network creator initiated by a coalition of Asian e-commerce giants, has received an investment from Hong Kong’s HashKey Capital, according to a press release. The…

Cointelegraph / Cointelegraph Launches Korean HQ in Seoul, Expanding Presence in Asia

August 24, 2019 / cointelegraph

Cointelegraph is pleased to announce that we are continuing to increase our presence in Asia with the launch of Cointelegraph Korea. Today, Aug. 23, we celebrated the launch of a…

Cointelegraph / Bithumb Exchange to Launch Cryptocurrency Listing Committee

August 23, 2019 / cointelegraph

South Korean crypto exchange Bithumb will launch a new committee in September that will determine which cryptocurrencies can be traded on its platform. A monthly check by experts South Korean…

Coindesk / Largest Korean Exchange to Review Listings and Drop Failing Coins

August 23, 2019 / coindesk

Bithumb will start reviewing its cryptocurrency listings on a monthly basis, becoming the second South Korean exchange this month to update its listing policies. The audits will determine whether the…

Cointelegraph / Samsung-Backed Blockchain Startup Raises $7.5M from Shinhan Bank

August 22, 2019 / cointelegraph

South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks. Banks continue interest in blockchain…

Coindesk / Major Banks Back $7.4 Million Funding Round for Korean Blockchain Firm

August 22, 2019 / coindesk

Blocko, a South Korean blockchain firm working on enterprise applications of the tech, says it’s raised 9 billion Korean won (around $7.44 million) in an Series B+ round. According an…

Coindesk / South Korea’s Woori Financial Teams up with Kakao’s Crypto Payments Group

August 21, 2019 / coindesk

Woori Financial Group, one of South Korea’s largest banking companies, has agreed to work with Ground X in developing blockchain financial services. Group Chairman Chairman Son Tae-seung made the announcement…

Cointelegraph / Experts: South Korean Crypto Projects Look to Leave the Country

August 20, 2019 / cointelegraph

The number of South Korean digital currency projects leaving the country to list their products on foreign exchanges is increasing, experts say. South Korean news outlet Business Korea reported on…

Coindesk / Korean Crypto Exchange ‘Prixbit’ Shuts Down Over Banking Woes

August 20, 2019 / coindesk

South Korea’s Prixbit cryptocurrency exchange has officially closed down. In a website post dated Aug. 9 and entitled ‘Prixbitend,’ the exchange declared it would cease operations. The move was subsequently reported by local…

Cointelegraph / Maltese Crypto Exchange CGEX Shuts Down After Temporary Terminations

August 19, 2019 / cointelegraph

Coinone Global Exchange (CGEX), a Malta-based crypto exchange launched by major South Korean exchange Coinone, will terminate its service in mid-September. Less than a year in operation According to an…

Bitcoinist / Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

August 19, 2019 / bitcoinist

South Korean Blockchain projects are ditching the domestic market due to regulatory headaches, mainstream media report. South Korean Blockchain Projects Look Abroad Referencing a range of industry experts on August…

Coindesk / Malta Crypto Exchange Opened by Coinone to Close Next Month

August 19, 2019 / coindesk

CGEX, a Malta-based exchange opened by South Korea’s Coinone less than a year ago, is shutting down. The exchange posted an announcement last week saying that all services would be terminated on…

Cointelegraph / South Korean Crypto Exchange Coinone Releases Criteria for Crypto Listing

August 17, 2019 / cointelegraph

South Korean cryptocurrency exchange Coinone has released a set of criteria for determining whether to list new digital currency projects on the exchange. In a blog post published on Aug.…

Cointelegraph / South Korea’s ‘Bit-Island’ Jeju Announces New Blockchain Initiative

August 17, 2019 / cointelegraph

South Korea’s “Bit-Island” Jeju announced the Blockchain Hub City Development Research Service on Aug. 13. An island with blockchain ambitions Local news outlet JejuDomin reported on Aug. 14 that Jeju…

Cointelegraph / What Are the Biggest Alleged Crypto Heists and How Much Was Stolen?

August 16, 2019 / cointelegraph

As the appeal of cryptocurrency has grown, so has the opportunity for scammers to part naive investors from their money. 2019 has been no exception, with cryptocurrency and blockchain forensics…

Coindesk / South Korea’s ‘Bit-Island,’ Jeju, Redoubles Crypto Efforts After Losing Regulatory Bid

August 16, 2019 / coindesk

After losing out to Busan in the competition to be declared Korea’s blockchain “regulation-free” zone, Jeju Island is redoubling its efforts to stay in the game, according to a report…