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
Blockchain continues to attract interest in the pharmaceutical industry.
Samsung’s new blockchain pilots are all about transparently tracking medicine
Felipe Erazo
2020-09-25T18:00:00+01:00
4206
News
Will this legal contradiction be resolved before the deadline?
Mandatory KYC verification may contradict privacy laws in South Korea
Felipe Erazo
2020-09-25T01:01:00+01:00
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News
The South Korean gaming regulator is reluctant to embrace NFTs.
South Korean regulator is wary of NFT-based games
Felipe Erazo
2020-09-23T00:34:00+01:00
5610
News
Police raids on the Bithumb offices are apparently not just FUD as more investigation reports come in.
Police summon Bithumb chairman for questioning over alleged fraud
Helen Partz
2020-09-18T11:58:16+01:00
8237
News
Is Busan a "blockchain city" in name only?
Report: Most firms in Korea’s ‘blockchain city’ don’t know what blockchain is
Felipe Erazo
2020-09-18T09:04:00+01:00
2427
News
Blockchain could soon be integrated into South Korean apartments.
South Korean gov pledges to bring blockchain voting into people’s homes
Felipe Erazo
2020-09-16T22:18:00+01:00
6140
News
The plot thickens as Bithumb director’s shares are seized after he had applied for the seizure of the chairman's shares.
South Korean police seize Bithumb shares in third raid this month
Jack Martin
2020-09-16T13:33:00+01:00
3562
Analysis
A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation.
From open arms to full bans: The latest on crypto regulation in Asia
Elena Perez
2020-09-13T08:00:00+01:00
17804

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