South Korea News

South Korea is an important segment of the cryptocurrency market, with a lot of cryptocurrency investments, technological developments and large cryptocurrency exchanges established in the country. South Koreans are famous for have a high percentage of cryptocurrency enthusiasts within the population, but the South Korean government is not so keen on cryptocurrencies. The latest South Korea cryptocurrency news concerns a police investigation into Upbit, South Korea’s largest cryptocurrency exchange that had a massive effect on markets on the 11th of May. South Korean cryptocurrency regulations are pretty tough. ICOs are banned and local cryptocurrency exchanges are being shut down or else have found themselves under increased supervision. The South Korean government is concerned about money laundering, tax evasion and excessive speculations. It is a prospective that foresees the continued actions of lawmakers to push forward with new restrictions.

News
This South Korean company joined forces with Samsung to forward requests to insurance companies using Blockchain technology.
Telecom Giant Thinks Blockchain Can Make Phone Insurance More Convenient
Felipe Erazo
2020-07-03T20:39:00+01:00
5770
News
The Commons Foundation unveiled plans to build a blockchain platform to track COVID-19 cases in South Korea.
South Korean NGO Announces Blockchain-Based Healthcare Platform
Felipe Erazo
2020-07-02T21:28:00+01:00
1854
Opinion
As Russia draws up new strict cryptocurrency legislation, P2P Bitcoin exchanges and crypto trades in the country rise significantly.
Russia: Bitcoin Activity Rising Despite Strict Law Proposals
Sam Bocetta
2020-07-01T13:58:00+01:00
3867
News
An alleged crypto pyramid scheme stole hundreds of millions of dollars from investors.
Investors Defrauded by South Korean Pyramid Scheme
Felipe Erazo
2020-06-30T21:49:00+01:00
5187
News
A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software.
South Korea Looks to Track Crypto Transactions in Light of Recent Scandal
Felipe Erazo
2020-06-27T18:00:00+01:00
3854
News
Hyundai embraces the blockchain and crypto industry with three trademark registrations.
Hyundai Adds Another Piece to Their Growing Blockchain Ecosystem
Felipe Erazo
2020-06-26T18:21:00+01:00
4808
News
The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty.
Bithumb Exchange to Reportedly File for IPO in South Korea
Stephen O'Neal
2020-06-24T11:44:00+01:00
1763
News
South Korea economist worries that tough regulation would slow down crypto’s growth.
South Korean Economist Warns New Tax Laws May Slow Down Crypto Market Growth
Ting Peng
2020-06-23T22:03:00+01:00
11102

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