South Korea Archives • Bitcoin Feed News

NewsBTC / Binance’s Fundamentals Positive, BNB Posts 6% Gain as Reaction

July 18, 2019 / newsbtc

Binance coin (BNB) stable, adds 5.2 percentBXB Inc likely to partner with Binance in South KoreaAfter offering margin trading for their broad customer base, Binance is considering launching yet another…

Coindesk / Cryptofinancier Nexo Partners With Korea’s Terra to Create Loan Platform

July 17, 2019 / coindesk

Nexo, the Zug, Switzerland-based cryptofinancer, has signed a deal with Singapore’s Terra, agreeing to take deposits in the soon-to-be-introduced, East Asia-focused token. “We love their approach to stable coins,” said…

Cointelegraph / Binance Wants to Open a New Local Exchange in South Korea: Report

July 16, 2019 / cointelegraph

Binance, the world’s largest crypto exchange by daily trading volume to date, is reportedly planning to set up a branch in South Korea. Malta-based crypto exchange Binance is working with…

Cointelegraph / Municipal Crypto Spreading Around the World, From California to Dubai

July 16, 2019 / cointelegraph

States, provinces and municipalities could use cryptocurrencies to fund projects and programs. Municipal cryptocurrencies — that is, cryptocurrencies launched by cities — could offer citizens a new way to invest…

Coindesk / Binance Eyes Launch of Crypto Exchange in South Korea

July 16, 2019 / coindesk

Binance, the world’s top exchange by trading volume, is considering launching a branch in South Korea, according to reports. Changpeng “CZ” Zhao confirmed the possibility to local news source Block…

Cointelegraph / South Korea’s Biggest Credit Card Patents Blockchain Payments System

July 15, 2019 / cointelegraph

South Korea’s leading credit card firm Shinhan Card has been granted a patent for a blockchain payments system, English-language local media The Korea Times reports on July 15. Per the…

Cointelegraph / Major Korean Firms Partner to Launch Blockchain Mobile ID System

July 14, 2019 / cointelegraph

A consortium of major South Korean firms partnered to launch a blockchain-based mobile identification system in 2020, English-language local media Korea Times reports on July 14. Per the report, the…

Bitcoinist / ICON’s P-Rep Elections Booming; 40+ Applications Listed

July 11, 2019 / bitcoinist

It’s been over five months since the pre-registration for the first leg of ICONSENSUS began. The number of applicants continues to grow. Specifically, the nominees (there are currently 43 of…

Cointelegraph / Korea’s LG Launches Blockchain Supply Chain Platform For School Lunches

July 9, 2019 / cointelegraph

LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches. The news was reported by business technology…

Coindesk / Korean Watchdog Warns of Financial Stability Risk From Facebook’s Libra

July 8, 2019 / coindesk

Facebook’s recently unveiled Libra cryptocurrency project threatens the stability of financial systems, according to a South Korean financial regulator. In a new Korean-language trends update published July 5 and reported by CoinDesk…

Coindesk / South Korea’s Shinhan Bank Is Cracking Down Harder on Anonymous Crypto Users

July 4, 2019 / coindesk

Shinhan Bank, the second largest financial group in South Korea by assets, is redoubling its efforts to police accounts related to cryptocurrency exchanges, according to local press reports. The goal?…

Cointelegraph / Gram Asia to Sell Gram Tokens at Three Times ICO Price

July 3, 2019 / cointelegraph

South Korea’s Gram Asia is selling rights to its Gram holdings at $4.00 per token starting July 10, according to a report by Bloomberg on July 3. The proposed sale…

Cointelegraph / South Korea’s Largest Telecom SK Group Invests $10M in ConsenSys

July 3, 2019 / cointelegraph

South Korea’s largest telecom and the third top conglomerate SK Group has invested $10 million in major global blockchain firm ConsenSys, according to a report by local news agency Chosun…

Cointelegraph / First Successful Blockchain-tracked Shipment from South Korea to the Netherlands

July 3, 2019 / cointelegraph

Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam have jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands in which they tracked a container…

Cointelegraph / Major Korean Bank Clamps Down on Accounts Linked to Crypto Exchanges

July 1, 2019 / cointelegraph

One of South Korea’s biggest banks is planning to intensify regulations on accounts linked to crypto exchanges, BEI News reported on July 1. The “special measures” Shinhan Bank are proposing…

NewsBTC / Bitcoin and Ether Trade at Large Premium on South Korean Crypto Exchanges

June 28, 2019 / newsbtc

The number one and two crypto assets by market capitalisation are currently trading at a large premium across South Korean exchanges. Bitcoin is selling close to $800 more than the…

Cointelegraph / Reserve Bank of India Developing Blockchain Banking Platform

June 28, 2019 / cointelegraph

The Reserve Bank of India (RBI) is developing a blockchain platform for banking in its R&D branch, according to a report by BusinessLine on June 28 The blockchain platform will…

Cointelegraph / LG Using New Blockchain DApp Platform From Korean Internet Giant Kakao

June 27, 2019 / cointelegraph

Ground X, the blockchain arm of South Korean tech giant Kakao, has launched the mainnet of its Klaytn platform, The Korea Herald reported on June 27. It is hoped that the platform, which focuses…

Bitcoinist / Bitcoin Price Rise Fuelled by Experienced Crypto Traders

June 26, 2019 / bitcoinist

Bitcoin’s 2019 parabolic rise is coming from veteran cryptocurrency traders, not newbies, the latest data suggests. Newbies Absent From 2019 Bitcoin Boom Analysis of capital inflows into Bitcoin 00, courtesy…

Cointelegraph / Canadian Blockchain Company Signs Contract with Seoul Ministry of Transportation

June 24, 2019July 3, 2019 / cointelegraph

Canadian tech firm Graph Blockchain Inc. has partnered with the Ministry of Transportation in Seoul, South Korea, to run a pilot program for blockchain-based traffic data storage, according to a…

CCN / Korean Crypto Exchanges Face Backlash, Could it Stunt Bitcoin’s Run?

June 24, 2019 / ccnews

Published: 24/06/2019 15:54 ET. Journalist: According to Business Korea, hundreds of minor crypto exchanges in South Korea could run smack into heightened scrutiny for failing to abide by proposed enhanced…

Cointelegraph / Major Korean Crypto Exchange Bithumb Prosecuted for Failure to Protect User Data

June 21, 2019 / cointelegraph

South Korean crypto exchange Bithumb has been prosecuted for its alleged failure to take adequate measures to protect personal information, which was later presumably exploited by hackers to steal funds…

Bitcoinist / Cryptocurrency Adoption Is Highest in These 5 Countries

June 18, 2019 / bitcoinist

When we think of cryptocurrency adoption, we often assume that South Korea, Japan, or the United States take the lead. Not so, according to the latest results from Statista. For…

Cointelegraph / Samsung SDS Tackles Blockchain Adoption Concerns With New Services

June 18, 2019 / cointelegraph

The IT subsidiary of South Korean tech giant Samsung is launching three new products aimed at addressing clients worries about blockchain, the company confirmed in a press release on June…

Cointelegraph / Polish Bank Verifies Documents With Ethereum Blockchain

June 18, 2019 / cointelegraph

Alior Bank, a bank based in Warsaw, Poland, is using the public Ethereum blockchain to authenticate its clients’ documents, according to a report by Forbes on June 17. According to…

CCN / Korean Crypto Exchanges Revise Terms of Service in Boost for Investors

June 17, 2019 / ccnews

Published: 17/06/2019 14:30 EST By CCN Markets: According to The Korea Herald, Bithumb and four other major crypto exchanges in South Korea have formally changed their terms of service to…

Cointelegraph / 5 South Korean Crypto Exchanges Take On New Responsibility for User Losses

June 17, 2019 / cointelegraph

Five cryptocurrency exchanges in South Korea have increased their liability to users in line with demands from regulators. Local English-language news outlet The Korea Herald reported the news on June…

Cointelegraph / Samsung to Seek Collaboration With Platform Firms on Blockchain Innovation and 6G

June 17, 2019 / cointelegraph

The vice chairman of South Korean consumer electronics giant Samsung says the firm will seek to collaborate with platform companies on the development of blockchain, artificial intelligence and sixth-generation mobile…

Coindesk / Korean Crypto Exchanges Update T&Cs to Accept Liability for Hacks

June 17, 2019 / coindesk

A number of South Korean cryptocurrency exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues. According to a report by…

Cointelegraph / Appetite for Blockchain Tech Builds Among Korean Banks, but Without Crypto

June 15, 2019 / cointelegraph

In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in the areas of Know Your Customer (KYC) procedures and security.…

Cointelegraph / Conglomerates’ Deep Pockets Continue Blockchain Growth in South Korea Despite Crypto Ban

June 14, 2019 / cointelegraph

Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just…

Bitcoinist / Google Trends Shows Bitcoin Is About to Explode in South Korea

June 13, 2019 / bitcoinist

South Korea has long been a key region for Bitcoin adoption. Now its government and banks are coming around, Googe Trends reveals an interesting pattern. Every day for the last…

Cointelegraph / Korea: Former Financial Regulator Deputy Governor to Serve as Blockchain Association Chief

June 13, 2019 / cointelegraph

The former deputy governor of South Korea’s financial regulator, the Financial Supervisory Service (FSS), has been nominated to lead the Korea Blockchain Association. The news, revealed by the association on…

Cointelegraph / Major Korean Bank Signs MoU With Atomics Lab to Explore Crypto Asset Management

June 11, 2019 / cointelegraph

Major South Korean commercial lender KB Kookmin Bank has signed a Memorandum of Understanding with blockchain technology firm Atomics Lab to jointly explore digital asset management and protection solutions. The…

Coindesk / Korea’s Biggest Bank Is Preparing to Custody Digital Assets

June 11, 2019 / coindesk

KB Kookmin, the largest bank in South Korea, is preparing launch a digital asset custody offering. According to a report from CoinDesk Korea, the institution is teaming up for the…

Bitcoinist / South Korea’s Biggest Bank U-Turns on Crypto With Custody Service

June 11, 2019 / bitcoinist

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business…

Coindesk / Every Game This South Korean Startup Makes Has Its Own Blockchain

June 5, 2019 / coindesk

South Korean blockchain game startup Planetarium is planning to launch a test version of a new decentralized game, Nine Chronicles, later in this month. The role-playing game will store its…

Cointelegraph / South Korean Post Teams Up With Crypto Exchange to Apply Blockchain

June 5, 2019 / cointelegraph

South Korea’s national postal service Korea Post is planning to apply blockchain technology to its billing system, local news agency News1 Korea reports on June 5. The initiative is a…

Cointelegraph / Top South Korean Utility to Co-Develop Blockchain System for Renewable Energy Certificates

June 4, 2019 / cointelegraph

South Korea’s largest power provider has signed a contract with two domestic power suppliers to establish a blockchain-powered system for transacting Renewable Energy Certificates (RECs). The news was reported by…

Cointelegraph / G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments

June 1, 2019 / cointelegraph

G20’s international watchdog, the Switzerland-based Financial Stability Board (FSB), said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space,…