South Korea

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.

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.

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.

South Korean Conglomerate Launches Blockchain Logistics Service
A subsidiary of South Korean conglomerate SK Group has launched a new blockchain service focused on trade logistics.

Bank of Korea: Costs Could Limit Cryptocurrency Use
Bank of Korea has published a new working paper that speculates on how a cryptocurrency economy would impact central banks.

Local Government in South Korea Taps Blockchain for Community Vote
A South Korean provincial government recently tapped technology developed by blockchain startup Blocko for a vote on community funding.

Korea's Central Bank Considers 'Supernode' for Blockchain Oversight
The Bank of Korea has published research on issues it believes could hinder distributed ledger adoption, with a "supernode" being one solution.

Why 2017 Will Take Blockchain to New Heights
Coinplug CEO Ryan Uhr looks at how blockchain technology has fared in Korea over the last 12 months and makes some predictions for 2017.

27 Financial Firms Form Korean Blockchain Consortium
A new blockchain consortium has been formed in South Korea, with both established finance firms and technology startups on its membership roster.

South Korea is Debating New Bitcoin Exchange Rules
Financial regulators in South Korea are looking to introduce new regulations for digital currency exchanges by early next year.

