Central bank seeks bids for digital currency test project
The Bank of Korea is seeking a company to participate in a 10-month test of a central bank-issued digital currency, it said Monday.
Based...
Go grandmaster Lee Se-dol’s win over AlphaGo released as NFT
On Tuesday, an NFT of Lee's victory against AlphaGo was put up for auction on the NFT marketplace, OpenSea.
Lee secured his first victory against...
KODA, Kookmin’s digital asset custody firm signs blockchain games firm Wemade as client
Kookmin Bank partnered with blockchain technology company Haechi Labs and blockchain investment firm Hashed to develop KODA, which launched less than a month ago....
Bubble? No, young Korean artists see crypto art as fresh opportunity
They have started to take off in South Korea, bustling with crypto enthusiasts and young artists eager to find new sales outlets for their...
[MAY] Florida Man Looks Into Cryptocurrency
Over in the United States, the sunny state of Florida has in recent years taken on something of a “drunk uncle” role. The mythic...
S. Korea to clamp down on online cryptocurrency phishing activity
South Korea said Sunday it will strengthen its monitoring system against cryptocurrency-related phishing websites by working with the National Police Agency amid recent surges...
Crypto transaction volume surpasses $43.11 billion, 3x bigger than volume of the country’s two...
South Korean’s frenzy for digital coins, especially alternative coins, has pushed the transaction volume for cryptocurrencies past 45 trillion won ($43.11 billion) in the...
Korea’s largest bank KB, goes live with institutional digital asset custody KODA
Today saw the launch of KODA, the institutional digital asset custody solution backed by Korea’s largest bank Kookmin Bank (KB), based on technology from...
ISMS Certificate Issuance Status for Virtual Asset Businesses in Korea (As of April 28,...
Virtual asset businesses such as cryptocurrency exchanges could not be operated without ISMS certification, making it virtually mandatory. Currently, 19 companies have been certified...
Lack of rules on cryptocurrency confuses market participants
Many of them say the lack of government guidelines on anti-money laundering and risk evaluation methods could derail their current individual screening measures at...
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