South Korea


Markets

South Korean Court Issues Landmark Decision on Crypto Exchange Hacking

The Seoul court ruled that a hacking is not the responsibility of an exchange but a transfer of funds is.

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Markets

Crypto Exchange Bithumb’s $333 Million Acquisition May Be in Jeopardy

A fintech firm's acquisition of Bithumb reportedly hasn't been fully paid for, even after a deadline was extended.

Bithumb on phone

Markets

Former Credit Agency Staffers Form Korean Blockchain Rating Firm

With investors lacking information and objective reviews on blockchain projects, a Korean blockchain rating company is formed.

Seoul, South Korea

Markets

Property Blockchain Projects Announced in Northeast Asia, One Sony-Related

A flurry of announcements related to property and blockchain in Korea and Japan were made in September.

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Markets

Korean Conglomerate CJ Develops Blockchain for Music Copyright

CJ, one of South Korea's largest conglomerates, is developing a blockchain-based music copyright management system.

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Markets

OKEX Korea Drops 5 Privacy Cryptocurrencies Citing FATF Rules

The Korean arm of the exchange has dropped support for privacy-enhancing cryptocurrencies including monero, zcash and dash.

Monero

Markets

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

The driving firm behind the K-pop movement, SM Entertainment, said it's planning to launch a cryptocurrency focused on engaging fans with artists.

K-pop concert

Markets

Just 1 in 4 Blockchain Businesses in Korea Generate Sales

Despite the apparent boom in blockchain, and the extensive support for the technology, few companies are making blockchain sales

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Markets

South Korea's Kakao May List Its Klay Cryptocurrency on Chinese Exchange

The government may not allow the coin to trade on a domestic exchange so it will look to other countries.

Korean won

Markets

Korea's SFC Chair Nominee Intends to Maintain Go-Slow Approach to Crypto

Eun Sung-soo made reformist comments but he was still cautious about crypto and offered no boost to the sector.

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