Saturday, July 4, 2020
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LATEST NEWS

South Korean Giant to Begin Crypto Custody for Institutional Investors

One of South Korea’s biggest commercial banks, NongHyup (NH Bank) said it is working on a cryptoasset custodial services platform for institutional investors. Per ET...

South Korea Vows to Pump USD 111m into Blockchain R&D over Five Years

South Korea has pledged to inject USD 111 million into the development of blockchain technology, with central government-sponsored research flowing until at least 2025. The...

South Korea OKs Blockchain Certificate Use in Public, Private Sectors

The South Korean government will allow the use of blockchain-powered public certificates beginning in December this year. Per Hanguk Ilbo and UPI News, Seoul says...

South Korea Looks to Track Crypto Transactions in Light of Recent Scandal

A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software. The Korea Internet and Security...

South Korea Unveils Blockchain Strategy to Launch Online Voting and Election System by 2022

During the 16th, 4th Industrial Revolution Committee meeting on June 24, 2020, South Korea’s Ministry of Science and Technology announced plans of developing seven...

South Korea’s leading cryptocurrency exchange, Bithumb to go public via IPO

The operator of South Korea-based Bithumb exchange is looking towards taking the company public. The listing is expected to go through an initial public...

Stablecoins & ‘Legal Crypto’ to Power S Korean Plastic Surgery Revival

South Korean companies will increasingly look to stablecoins and blockchain technology as they look to boost the number of people coming into the country...

South Korean Exchange UPbit Joins KBank to Open Korean Won Deposit Service

Recently, the South Korean crypto exchange, UPbit announced that it will join KBank. To open the Korean won deposit services on June 23, 2020. Furthermore,...

Korea’s energy market adopts blockchain for bidding process

The Korea Power Exchange (KPX) recently unveiled a blockchain-based energy bid evaluation system for the Korean energy market. KPX is a specialized non-profit, independent...
The Bank of Korea

The CBDC Direction of Korea Central Bank

South Korea’s central bank is moving ahead with research into digital currencies and has set up a legal panel to advise on possible regulatory...
Blockchain Summit

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