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South Korea is looking into crypto exchanges to offer native coins

The governing agency has taken note of the fact that native cryptocurrencies are the single most important cause that has led to the closure...

South Korean Crypto Exchange Gopax Services Hit by Genesis Disruption

Crypto chaos is finally taking its toll on South Korean exchanges – with the crypto investment bank Genesis’ decision to pause redemptions and new...

Korbit is first South Korean exchange to disclose full crypto reserves, post-FTX debacle

Korbit users and visitors will be able to view a side-by-side comparison of the amount of tokens the exchange owns and the amount...

FTX failure hits an already crypto-weary Korea

The bankruptcy of FTX has hit Korea as Korean investors suffer losses and other cryptocurrencies fall in sympathy with FTX's FTT coin. It is...

Korea’s PayProtocal to burn half of native digital coin PCI amid FTX crisis

PayProtocal will send its holding of 2.04 billion PCIs to a burn address to remove them from circulation over four transactions, said Danal, its...

Blockchain: South Korea’s blockchain firm launches the world’s first decentralized instant messenger

South Korea’s Blockchain Labs, which develops blockchain and cryptocurrency projects, has launched the very first decentralized instant messenger in the world called the “Block...

South Korea’s online KakaoBank to open accounts for Coinone exchange users this month

“ is in talks to provide verified real-name deposit and withdrawal account service to Coinone customers in November in order to provide stability...

Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round

Microsoft Backs Korea-Based Gaming Company Wemade Microsoft has participated in a $46 million investment round to back Korea-based blockchain gaming operator Wemade. The round, which...

Binance will re-enter South Korea’s crypto market, CZ says

Zhao said that Binance is preparing to register under South Korean financial authorities by complying with local regulations, South Korean news agency News1...

Binance says will help Busan city grow blockchain industry from bottom up

Binance has pledged to help South Korea’s Busan city become a blockchain technology hub for Asia by educating the city on the technology. For the...

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Binance Custody to safekeep Wemade’s WEMIX cryptocurrency

Wemade said in an updated statement: “WEMIX Foundation is in close communication with the team at Binance Institutional Services to complete the onboarding process...