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Huobi Korea Obtained ISMS Certification From Local Regulator to Comply With Special Payment Act

Huobi Korea – the South Korea-based division of the top-tier crypto exchange Huobi – has reportedly successfully obtained an ISMS certification, to stay in compliance with the upcoming...

Shannon Wilson | Jan 24, 2021 01:28

Korean Crypto Investment Firm Released $120 Million Fund Supporting Blockchain Initiatives

Hashed – top-tier crypto asset management firm in South Korea – has reportedly secured $120 million, dedicated to financially support new blockchain ventures in the so-called “protocol...

Emily Rys | Jan 03, 2021 01:05

China’s UnionPay and Korea’s Danal to Roll Out Digital Card With Supporting Features for Crypto

Top-tier financial services firm China UnionPay, an analog to card providers like Visa and Mastercard, reportedly forged an alliance with payment company Danal from South Korea, to release a digital...

Shannon Wilson | Nov 06, 2020 07:00

South Korean Telecom Giant Released Blockchain Tool For Storing Governmental Certificates

The telecom heavyweight from South Korea – SK Telecom – has reportedly disclosed details of an issuance initiative for its first digital wallet, dedicated to blockchain-based digital...

Robin Wong | Oct 23, 2020 05:24

Korea Blockchain Association Requests The Government to Postpone Cryptocurrency Tax until 2023

The Korea Blockchain Association wants the government to move the implementation of the new cryptocurrency tax until 2023. South Korea announced in July that it will impose a cryptocurrency tax on...

Shannon Wilson | Oct 17, 2020 16:37

South Korean Authority to Roll Out Blockchain-based Voting Solution to The Housing Sector

The blockchain trend across South Korea has reportedly set foot in the housing industry, with a $1.27 million fund dedicated by the authorities to a blockchain-powered platform, focusing primarily on...

Emily Rys | Sep 18, 2020 16:13

Pilot Project Makes Crypto Payment Available to South Korean Beach Visitors

The Haeundae Beach System in Busan is reportedly an initiative developed to make crypto payment methods available to beach visitors in the summer. Specifically, a pilot project conducted by...

Mary T. | Aug 19, 2020 01:44

Bank of Korea Set Up A Department Dedicated to Blockchain and AI

The Bank of Korea has reportedly decided to set up a “Digital Innovation department”, as part of its organizational reform in the later half of 2020. Specifically, the bank is reportedly looking...

Jenny Aurora | Jul 23, 2020 16:29

Theta Teamed Up With Gaming Platform From Korea to Reward Its 3M Users

The token-based Esports streaming platform Theta has reportedly set foot in Korea, via a newly formed collaboration with the local gaming-centric social platform Ludena Protocol. Specifically, the...

Tracy Hannes | Jul 17, 2020 18:07

South Korean National Assembly Organizes Seminar to Talk about Crypto Laundering and Transparency

The South Korean National Assembly is reportedly going to organize a meeting, to primarily discuss ways to make crypto transactions more transparent. Specifically, the talk – with the title...

Katelyn James | Jul 10, 2020 14:59