South Korea

South Korea

Markets

South Korea Aims to Put Trade Finance on the Blockchain by 2021

The government-backed program will bring trade and contract data into distributed ledgers.

government, support

Markets

Token Investors May Sue After Former Korean Social Media Giant Shuts Down

A once hugely popular social media site, Cyworld's abrupt closure brings uncertainty to holders of its recently launched crypto token.

korea, won

Markets

OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash

OKEX Korea is reconsidering a decision to delist the privacy coins zcash and dash it announced in September.

zcash and dash

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.

sunyu-kim-HjsWTyyVDgg-unsplash

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.

key

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.

shutterstock_1319900165

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