South Korea

South Korea

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

shutterstock_1076727356

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.

Screen Shot 2019-08-28 at 09.20.52

Markets

South Korea's BC Card Is Using KT's Blockchain for Rewards Settlement

The company says that the process has been made significantly more efficient.

Screen Shot 2019-08-27 at 8.14.21 AM

Markets

Hong Kong's HashKey Capital Invests in Terra's Mining Token

It is the eighth funding event in thirteen months using the mining token.

shin, terra

Markets

Largest Korean Exchange to Review Listings and Drop Failing Coins

Bithumb will assemble a committee to periodically review its listed cryptocurrencies.

Bithumb on phone

Markets

Korean Banks Back $7.4 Million Funding Round for Blocko

Blocko, a blockchain firm working on enterprise applications of the tech, says it's raised $7.44 million from investors including Shinhan Bank.

Korean won, note and coins

Markets

South Korea's Woori Financial Teams up with Kakao's Crypto Payments Group

The banking company is latest major organization in the country to join the blockchain rush.

Credit cards

Markets

Korean Crypto Exchange 'Prixbit' Shuts Down Over Banking Woes

Prixbit is one of an estimated 200 players locked out of the banking system

won

Markets

Malta Crypto Exchange Opened by Coinone to Close Next Month

The shuttering comes as Korea's third-largest exchange shores up its local business.

coinone, meetup