South Korean payment firm Danal announces to accept cryptocurrency.
South Korean fintech payment firm Danal announced to accept cryptocurrencies. Danal claims to be the first major payment service in South Korea to accept...
The Korea Crypto Market in 2017
The Korean peninsula is divided into North and South, so culture and mindset are gradually changing. but The only thing they really agree on,...
Survival of Cryptocurrency Exchanges Hinges on Banks
The Financial Services Commission announced on Nov. 2 an amendment to the enforcement decree of the Act on Reporting and Use of Certain Financial...
[NOVEMBER] An Ode to The Trustless Transaction
Any minute now, the winner of the U.S. presidential election will be announced by some television network. Right on its heels will come another...
South Korean Crypto Firms Must Disclose Users’ Identities Under Planned Law Change
According to a press release from the financial watchdog on Wednesday, a proposed update to the Act on Reporting and Using Specified Financial Transaction...
‘Dozens’ of Arrests as South Korean Police Swoop on Bogus Ethereum Fund
South Korean police have closed the net on an alleged ethereum (ETH) scam operation named EtherWallet, making “dozens” of arrests nationwide in suspected USD...
China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card
Major financial services corporation China UnionPay, an analog to card providers like Visa and Mastercard, has partnered with the South Korean payment provider Danal...
This cutting-edge South Korean hospital group will use blockchain, AI, big data …
South Korean hospitals are entering a new era in healthcare and could use blockchain technology to improve the quality of their medical care.
The Yonsei...
Busan City launches blockchain-based voucher service
On 29 October 2020, South Korea’s Busan Bank (BNK) unveiled a blockchain-based digital wallet to support digital voucher services. The types of vouchers provided...
South Korean, Mongolian Banks Prepare Crypto, Digital Fiat Offerings
Asian banks are edging yet closer to crypto and digital currency adoption – with South Korean and Mongolian banks unveiling ambitious new developments in...
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