South Korea


Markets

SBI Ripple Asia to Test Blockchain Bank Transfers Between Japan and South Korea

SBI Ripple Asia will reportedly start testing its blockchain-based funds-transfer system between Japanese and South Korean banks by the end of 2017.

Korean won coins

Markets

Ether Prices Surge Above $360 to Hit Two-Month High

The price of ethereum's ether token has risen sharply over the past 24 hours, reaching levels not seen for over two months.

ether

Markets

Litecoin Price Surges to New All-Time High Over $60

Litecoin prices have surged over the past 24 hours, reaching a new all-time high following a month of sideways trading.

litecoin, keyboard

Markets

Shopping Mall Bans Bitcoin and Ether Mining as Merchants Run Up Bills

An electronics retail marketplace in South Korea has reportedly taken the unusual step of banning vendors from mining bitcoin or ether.

Tech

Markets

South Korean Lawmaker Seeks to Tighten Cryptocurrency Rules

Efforts to regulate the use of cryptocurrencies in South Korea are moving forward with a proposed series of legislative amendments.

A view of Seoul, the capital of South Korea

Markets

SBI Reveals Joint Blockchain Remittance Venture With South Korean Startup

South Korean bitcoin exchange Coinplug has announed a new joint remittance venture with the fintech subsidiary of Japan-based investment group SBI.

SK

Markets

Korean Lawmaker Calls for Consumer Protection in Cryptocurrency Bill

A revision to domestic law in South Korea could soon set the stage for the nascent cryptocurrency industry to be regulated.

(Shutterstock)

Markets

South Korean Bitcoin Exchange to Pay Back Users After Account Thefts

South Korea's largest bitcoin and ether exchange is moving to compensate users after its data systems were compromised.

Theft, Steal

Markets

Electronics Giant LG is Testing R3's Distributed Ledger Software

A subsidiary of multinational electronics firm LG has announced it intends to investigate blockchain use cases in finance.

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Markets

South Korean Government to Auction $540k in Bitcoin

The South Korea government plans to auction 216 bitcoins that it confiscated during a 2016 criminal investigation.

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