Korean KYC measures raise legal questions
The South Korean cryptocurrency sector has a legal headache.
As the government makes preparations to implement know-your-customer (KYC) and anti-money laundering (AML) compliance processes, legal...
South Korea to Use Blockchain Voting in Apartments
As the blockchain furor in South Korea proceeds, the legislature is taking the innovation to the lodging division by promising $1.27 million to the...
South Korean Crypto Exchanges Search for ‘Seamless’ AML Solutions
With just months to go before new legislation comes into force requiring all of South Korea’s crypto exchanges to implement strict anti-money laundering (AML)...
Checking In With Terra, the Korean Stablecoin Firm Bringing Online Shoppers to Crypto
The savings account’s returns will be based on various proof-of-stake currencies, plus additional yield over the first five years in the form of its...
South Korean police seize Bithumb shares in third raid this month
South Korea’s largest cryptocurrency exchange Bithumb has been raided by the Seoul Metropolitan Police for the third time this month, according to a report...
Local cryptocurrency exchanges increase coin listing to attract customers
The National Assembly passed the revision of the Act on Reporting and Using Specified Financial Transaction Information in March this year, to be implemented...
The World War of Digital Currencies: Is it too late for South Korea?
As the era of the internet economy passes, we are seeing the rapid expansion of the cryptographic economy. This economy is known as the...
[SEPTEMBER] DeFi is a Logical Waypoint, Not a Trend
What’s better, classic or new? Classic has staying power, sure, but nothing provokes envy like shiny and new.
Decentralized Finance, or DeFi for short, is...
Bithumb Ranks First in Korea and Third in the World in Crypto Trading Volume
According to South Korean Exchange Market Review, a report published by Blockchain Transparency Institute (BTI) on August 20th, Bithumb was ranked third in the...
The Bank of Korea conducts research on central bank digital currency (CBDC) including personal...
ZDNet Korea reported that the Bank of Korea is studying ways to use central bank digital currency (CBDC) for personal remittance and online and...
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