South Korea

South Korea

Markets

Korean Messaging Giant Kakao to Launch Blockchain Subsidiary

South Korean internet giant Kakao, which owns the popular messaging app Kakao Talk, is reportedly moving to integrate blockchain in its business.

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Markets

Bitcoin's 'Kimchi Premium' Has All But Evaporated

CoinDesk data shows that the gap between South Korea's bitcoin prices, and those shown by the global market, closed over the course of February.

kimchi, korea

Markets

South Korean Bank Trials Ripple for Overseas Remittances

South Korea's Wooribank has reportedly completed an overseas remittance test using Ripple's DLT solution.

woori bank

Markets

Trump Sanctions on North Korea Won't Stop Crypto Hacks, Senator Says

One U.S. senator thinks the Trump administration isn't doing enough to deter North Korean attacks on cryptocurrency users and exchanges.

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Markets

South Korea to Support 'Normal' Crypto Trading, Says Finance Watchdog

South Korea's Financial Supervisory Service has reportedly said that the government will support "normal" cryptocurrency trading transactions.

South Korea

Markets

Korean Government Remains Firm on Crypto KYC Mandate

South Korea has doubled down on its commitment to eliminating the use of cryptocurrency in illicit activities, but played down more serious proposals.

Hong Nam Ki

Markets

South Korea Mulls BitLicense-Style Rules for Crypto Exchanges

South Korea is considering adopting a system similar to New York's "BitLicense" for the regulation of cryptocurrency exchanges, a report states.

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Markets

Korean Exchange Halts Trading Over KYC Concerns

South Korea cryptocurrency exchange Coinpia has halted trading amid concerns it has been unable to comply with new government rules.

south korea map

Markets

South Korea: North Korea Stole Millions From Crypto Exchanges Last Year

The South Korean National Intelligence Service claimed North Korea stole "billions of won" in cryptocurrencies last year.

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Markets

South Korea Won't Ban Crypto Trading, Says Minister

South Korea does not intend to "ban or suppress" cryptocurrency trading, the country's finance minister said today.

Bitcoin and Korean won