South Korea

South Korea

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Kakao Confirms Creation of Blockchain Platform, Denies ICO Rumor

South Korean internet giant Kakao has confirmed it is setting up a new blockchain subsidiary, but quashed rumors of a planned initial coin offering.

kakao

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Korean Regulators to Probe Bank AML Measures for Crypto Exchanges

Two South Korean regulators are reportedly launching an investigation of banks' implementation of anti-money laundering procedures for exchanges.

korean won and bitcoin

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South Korean Financial Watchdog Touts Blockchain in Fintech Plans

South Korea's Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.

skflag

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Korea Telecom Announces Blockchain For Network Security

South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network.

telecom portal

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South Korea Raids 3 Crypto Exchanges in Embezzlement Probe

South Korean prosecutors reportedly raided the offices of three cryptocurrency exchanges on suspicion of siphoning off funds from customers' accounts.

S Korea police

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Report: South Korea Could Ease Its ICO Ban

South Korea's ban on initial coin offerings (ICOs) could be relaxed in the months ahead, according to a new report.

BTC3

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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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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

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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

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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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