South Korea News

Bank of Korea Governor Lee Ju-yeol has expressed skepticism over the recent crypto rally, stating that the bank is progressing with a digital currency project.

After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation.

South Korea's central bank has issue a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital currency.

Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu.

The South Korean arm of global crypto giant Huobi has acquired an ISMS certification to comply with the upcoming Special Payment Act.

Jeju Island and blockchain company Iconloop are proceeding with a full rollout of their COVID-19 contact tracing app following successful pilots.

After years of nail-biting turns and cliffhangers, the story of cryptocurrency is going to be told in a big-budget TV drama in 2021.

South Korea’s Shinhan Bank has invested in a crypto custody service backed by local crypto exchange Korbit.

Reports last week had claimed that Nexon was poised to acquire the exchange at an evaluated price of roughly $460 million.

Bitcoin whales are depositing large amounts of Bitcoin into South Korean exchanges as BTC continues to rally.

After several delays, the South Korean government is going ahead with a plan to tax cryptocurrency holders.

South Korean media has reported that Nexon, a multi-billion dollar conglomerate led by CEO Kim Seong-Ju, plans to acquire the country's largest cryptocurrency exchange.

South Korean blockchain firm Iconloop is set to test a blockchain-based mobile driver’s license system in the country.

These five countries have led the way in driving cryptocurrency and blockchain adoption in 2020.

Less than a year after its launch, Binance Korea is closing its doors amid shrinking liquidity.