Kookmin Bank, the largest bank in South Korea in terms of asset value, has announced the launch of a cryptocurrency custody service. The news comes just after Kookmin bank announced a strategic partnership with blockchain startup Atomrigs Lab. The news […]
One of the top brand publishing company, ELSOL Company has signed the Memorandum of Understanding (MOU) with O2O Company, Mr. Koala to increase operations in China. In the press release, the company confirmed that there is an addition of a […]
Upbit the biggest Crypto Exchange in South Korea was raided today as reported by Etotoday, they have been suspected of fraud. According to the report Seoul’s District Prosecutor sent 10 investigators to the head office of Upbit in Gwangnam-gu, Gangnam-gu, Seoul on 11th. Upbit is […]
On April 17th, exchanges in South Korea announced self regulatory policies. 14 exchanges had come together to form the group Korean Blockchain Association. This was done to increase transparency and ward off money laundering and insider trading. Some of the […]
The capital of South Korea, Seoul is developing its own cryptocurrency called the S-coin. which will be used in the city-funded social benefits programs. CoinDesk Korea reports that Park Won-soon, the mayor of Seoul announced the plan to create a […]
According to reports from South Korean local news network FNN, The Ministry of Strategy and Finance is planning to prepare a virtual money taxation plan by the end of June. The announcement came after the meeting of the G20 that […]
According to local news sources, The financial institutions in South Korea are reportedly in the process of allowing ICOs for domestic investors with the purpose of advancing blockchain based technologies. This step comes after a ban on ICOs by the […]
