Here’s How South Korea Is Preparing To Become Next Crypto Hub
South Korean President Elect Yoon has big plans for Crypto
The ICO approval is one out of the 110 tasks that the president’s administration is...
[MAY] Nobody Covers the Front Desk at a DeFi Lobby
Decentralized Finance is one of the more prominently utopian ideals promulgated by diehard crypto revolutionaries. At its heart is the promise of frictionless exchange,...
8 More Firms Designated as Conglomerates, incl. First Crypto Exchange Operator
South Korea's antitrust regulator has added eight firms, including the leading cryptocurrency exchange operator, to a list of 76 companies required to disclose information...
Korean Investors Own W7 Trillion Worth of Bitcoins
Korean investors own more than W7 trillion worth of Bitcoins (US$1=W1,244). According to data from cryptocurrency exchanges Upbit, Bithumb, Coinone and Korbit on Sunday,...
First-Ever Smart Contract Allowing Cryptoasset Recovery
Currently, the moment you lose your private key your cryptocurrency effectively loses its value as long as you cannot remember it.
For example, if you...
Bithumb Shareholder Becomes the Effective Owner of Hanbitco
Bithumb Korea's shareholders, KOSDAQ registered company T Scientific, became the effective owner of Hanbitco, a domestic virtual asset exchange.
According to the electronic disclosure system...
Shinhan Bank Issues Corporate Won Accounts for Virtual Asset Transactions
Shinhan Bank issued corporate won accounts for virtual asset transactions to cryptocurrency exchange Korbit on April 7, the first case since the implementation of...
Kakao’s Japanese webtoon subsidiary acquires cryptocurrency exchange
Kakao Piccoma, the Japanese webtoon subsidiary of South Korea's web service giant Kakao, has acquired a cryptocurrency exchange company in a bid to accelerate...
[APRIL] Crypto Effect Becomes Clear in Bad Times
Everyday there’s a new story of a famous person peddling NFTs to heap fresh, low-cost layers to their stockpiles of wealth. Non-fungible tokens, those...
South Korean Banks Looking For Affirmation On Cryptocurrencies
The Korea Federation of Banks (KFB) might request South Korea’s incoming Presidential administration to support local banks servicing cryptocurrencies, highlights a leaked draft report....
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