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Cryptocurrency Exchange Platforms Extend Contracts with the Banks, following the FATF Recommendation.

Cryptocurrency Exchange Platforms Extend Contracts with the Banks, following the FATF Recommendation.

While AML regulations are heightened for the cryptocurrency exchange platforms around the world, Korean cryptocurrency exchange platforms are adapting to the change and concluding...
Dual Industrial is Withdrawing from Bithumb Acquisition Deal

Dual Industrial is Withdrawing from Bithumb Acquisition Deal

Dual Industrial has withdrawn from the cryptocurrency exchange platform Bithumb’s acquisition deal. Dual Industrial (1,710 KRW ▲250 +17.1%) has announced on July 29 that they...
Korean Blockchain Media Association will Organize a Hearing for Cryptocurrency Legislation on Aug 6

Korean Blockchain Media Association will Organize a Hearing for Cryptocurrency Legislation on Aug 6

Six Korean blockchain press companies have established an association for the development of blockchain technology and the ecosystem. Blockchain Media Association is planning to...
Demo session at a booth in the ‘National Assembly forum for user protection from gambling problems of games’ held in Seoul, Yeouido National Assembly Hall.

Korean Gaming Authorities will soon Decide on ‘Blockchain Games’

The Game Rating and Administration Committee (hereinafter, GRAC) under the Ministry of Culture, Sports, and Tourism, which is in charge of Korea’s game industry...
KT launches electricity brokerage service ''GiGA Energy Trade.''

KT launches electricity brokerage service ”GiGA Energy Trade.”

KT has announced on July 28 that they will launch a blockchain-based small-scale electricity brokerage service, ''GiGA Energy Trade.'' Electricity brokerage service is a business...
NAVER focuses on cryptocurrency while Kakao hesitates

NAVER focuses on cryptocurrency while Kakao hesitates

NAVER and Kakao, top two Korean internet companies, have been showing a somewhat different strategy in the blockchain industry. Initially both the companies were...
‘Blockchain Regulation Free Zone’ without Cryptocurrency.

‘Blockchain Regulation Free Zone’ without Cryptocurrency.

Industry Not Excited after the government designate Busan as Regulatory Free Zone Although the government has designated Busan metropolitan city as the ‘Blockchain Regulation Free...
NAVER will establish NAVER Financial in November.

NAVER will establish NAVER Financial in November.

NAVER is establishing 'NAVER Financial Inc.' (provisional) to enter the financial business. It is establishing a subsidiary, planning to target fintech market further aside...
Coinplug is promoting 'Public Safety' in Busan Regulation-free zone

Coinplug is promoting ‘Public Safety’ in Busan Regulation-free zone

Coinplug has been selected as the service provider of public safety service of the Blockchain Regulation Free Zone of Busan metropolitan city. Coinplug has been...
Samsung Electronics is Speeding Expansion of Blockchain Ecosystem

Samsung Electronics is Speeding Expansion of Blockchain Ecosystem

Samsung Electronics is rapidly expanding its blockchain ecosystem. They are the first to establish a blockchain platform among global smartphone manufacturers. Aggressive investments strategy...
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“North Korea illegally claims 2.3 trillion KRW by cyber attacking cryptocurrency...

There is a suspicion that North Korea is illegally dispossessing money and valuables by cyber attacking foreign financial organizations and cryptocurrency exchange platforms. The Asahi...