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BMW Rolls Out Blockchain-powered Token Rewards Platform in South Korea

Per Aju Kyungjae, BMW Korea stated that the platform, named BMW Vantage, would be "launched on the global market” after its South Korean debut. The...

Bank of Korea plans cryptocurrency (CBDC) testing in 2021

The Bank of Korea (BOK) announced plans of doing a test run on the issuance and circulation of the planned central bank digital currency...

CFTC Charges BitMEX Owners with Illegally Operating a Cryptocurrency Derivatives Trading Platform and Anti-Money...

October 01, 2020 Washington, D.C. — The Commodity Futures Trading Commission today announced the filing of a civil enforcement action in the U.S. District Court...

PlayDapp’s flagship game CryptoDozer is entering the Japanese blockchain game market through the LINE...

According to the announcement made by LVC Corporation and Line Tech Plus (LTP), Naver Line’s virtual asset and blockchain business subsidiaries, on the 30th...

Korea’s ‘blockchain city’ is missing some links

Sixty-two percent of the firms in South Korea’s blockchain sandbox city of Busan do not know anything about the technology, according to a surprising...

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...

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SK Telecom backs government blockchain push

The country’s Ministry of Public Administration and Security granted approval for the solution last week. Integrated with the government-backed digital certification initiative Government24, it...