South Korea
Korean Banks Can Use Blockchain to Verify Customer IDs from July
A national banking group from South Korea is to roll out a blockchain-based ID verification system for domestic banks next month.
Crypto Exchange Bithumb Hit With Bill After Tax Investigation Ends
South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.
Korean Police Allege Coinone's Crypto Margin Trading Is Illegal Gambling
A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling.
Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling
South Korea's Supreme Court ruled Wednesday that cryptocurrencies can be forfeited in criminal cases, allowing the seizure.
Meet Kakao: How Korea's Largest Mobile Giant Is Embracing Blockchain
Jason Han, CEO of Kakao's blockchain subsidiary Ground X, tells CoinDesk his thoughts on how crypto could impact big business.
Korean National Assembly Makes Official Proposal to Lift ICO Ban
South Korea's legislative arm of government is pushing for the removal of the country's ban on domestic initial coin offerings.
Seoul Mayor Pledges Blockchain Boost in Re-Election Push
Seoul mayor Park Won-soon is pledging to focus on blockchain innovation as part of his campaign pitch for potential re-election this year.
Korea's Biggest Crypto Exchange Raided Over Suspected Fraud
Prosecutors in South Korea have raided the largest cryptocurrency exchange in the country, UPbit, over suspected fraud, according to a report.
New Korean Financial Watchdog Chief Takes Softer Tone on Cryptos
The incoming head of a South Korean financial regulator has noted the "positive aspects" of cryptocurrencies.
Korea's SK Telecom to Build Blockchain for Identity and Asset Exchange
SK Telecom has announced plans to launch a blockchain-based platform aimed to simplify payment and subscription processes.
