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Line, Kakao eye Asia’s No. 1 blockchain network

Blockchain platform operators under Korean tech giants Line and Kakao are to complete integration under the new brand name "kaia" in June, the entities...

Korea Banks still wary of cryptocurrency partnership

Currently, three banks -- Shinhan, NH Nonghyup and K bank -- are in partnerships with the country’s four largest exchanges -- Upbit, Bithumb, Coinone...

Traditional financial players complain of reverse discrimination in fintech exemptions

Traditional financial and rising platform-based players clash over a new state initiative to promote fintech, with the former complaining of reverse discrimination as they...

Kakao Launches the First Version of Cryptocurrency Wallet ‘Klip’

GroundX, a blockchain technology subsidiary of Kakao, will release a cryptocurrency wallet called ’Klip’. BApp (Blockchain Application) partners of ‘Klaytn’, the blockchain platform of...

Social Distance Campaign of Crypto-Blockchain Industry

Blockchain and virtual currency companies are changing their outside promotions to ‘untact (un+contact)’ by increasing online communication due to the spread of COVID-19. The...

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While Global Banks Offer Crypto Custody and Trading, Korean Banks Still...

As global banks ramp up their crypto capabilities—offering custody, trading, and execution—Korean banks remain largely restricted from providing even basic crypto custody services. The U.S....