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Samsung Files for UK Crypto Trading Wallet Patent

samsung, blockchain

Electronics giant Samsung appears to be turning its direction towards cryptocurrencies as it continues to develop the next generation of phones. This time it is targeting the UK market, with an application already filed with the U.K. Intellectual Property Office for its ‘Samsung Crypto Wallet’. The suggestion is that Samsung is planning to begin building cryptocurrency facilities into its popular …

Bitcoin and Ethereum Covered by New Seoul-Based Crypto MBA

seoul, blockchain, south korea

The latest institution to offer an accepted qualification in cryptocurrency studies is the South Korean Seoul School of Integrated Sciences and Technologies. The school has launched what it calls “the world’s first crypto MBA course for a business graduate school,” with course areas covering Bitcoin, Ethereum, smart contracts, crypto funds, Dapp planning, game theory, and skills in whitepaper writing. The …

7 Major South Korean Exchanges to Create “Healthy Crypto Ecosystem”

7 Major South Korean Exchanges to Create "Healthy Crypto Ecosystem"

As the South Korean government continues to work on institutionalizing cryptocurrency exchanges, seven major players have signed an ‘Agreement for the creation of a sound cryptocurrency ecosystem’. Local media reports that the exchanges, Upbit, Bithumb, Korbit, Coinone, Gopax, Coinplug (Cpdax), and Hanbitco, have stated the accord’s aim is to not only to create a healthy ecosystem but also to prevent …

South Korea Hospital to Use Blockchain for Patient Information

South Korea

Myongji Medical Complex, one of the largest hospitals in South Korea, has announced that it is partnering with a local blockchain company to develop a DLT-based medical services platform for its patients. The sprawling medical facility in Goyang has recently signed a Memorandum of Understanding (MoU) with Korean company BICube, which itself is basically a machine learning startup. The two …

Seoul Mayor Unveils Broad 5-Year Blockchain Infrastructure Plan

Seoul Mayor Unveils Broad 5-Year Blockchain Infrastructure Plan

Speaking in Zug, Europe’s “Crypto Valley”, Seoul Mayor Park Won-soon, reaffirmed his campaign promises by announcing a robust plan for blockchain funding and development in the capital city. Blockchain hubs During his Crypto Valley stop on an 11-day European excursion, Park revealed his intentions to foster blockchain technologies in Seoul with a city government fund of KRW 100 billion (USD …

South Korea to Reject Crypto Exchanges as Venture Firms, Doubling Tax Obligations

South Korea to Reject Crypto Exchanges as Venture Firms, Doubling Tax Obligations

The South Korean government is expected to reject the continuation of designation of cryptocurrency exchanges and other blockchain projects as venture firms. The move will create problems for cryptocurrency startups as the taxes on them are expected to double in the light of this move. The legislation was first proposed by the Small and Medium Enterprises (SMEs) Ministry of the …

South Korean Firms Actively Adopting, Generating Blockchain 3.0 Tech

South Koreans Actively Adopting, Generating Blockchain 3.0 Tech

Third-generation blockchain projects are in hot competition in South Korea’s bustling blockchain and cryptocurrency industries. The term “Blockchain 3.0” has been cropping up a fair amount in 2018 to a mix of skepticism as to when it will truly arrive, with projects such as EOS and several others supposedly leading this race. In the case of South Korea, there is …

Asia is Buoyant, New Crypto Exchanges Set for Hong Kong, Korea, and Indonesia

gref, sberbank, russia, Asia is Buoyant with New Crypto Exchanges

While 160 crypto exchanges wait to enter the Japanese market, elsewhere, the market is turning more buoyant, as Hong Kong, Korea, and Indonesia are poised to become home to new exchanges. Bitone Trade HK, Huobi – Indonesia, and South Korean Probit have all announced that they are opening exchanges. Hong Kong is particularly buoyant in the blockchain industry at the …

South Korea Introduces New Crypto and Blockchain Classification Guidelines

South Korea Introduces New Crypto and Blockchain Classification Guidelines

The South Korean Financial Services Commission (FSC) has revealed new guidelines for cryptocurrency regulations, just as the nation’s central bank, the Bank of Korea (BOK), reported that total balance of Korean cryptocurrency investment as of December 2017 stood at almost USD 1.8 billion. Recent events South Korea has made frequent crypto-positive headlines in regards to cryptocurrency regulation and blockchain technology …

South Korea and US Vow Cooperation in Fourth Industrial Revolution (4IR)

The US State Department and South Korea’s Ministry of Science and Technology (MSIT) will strengthen ties in preparation for what is now being called the Fourth Industrial Revolution (4IR), writes Cointelegraph. The statement, made at a press conference held in Seoul on June 22 will coordinate their IT policies and enhance cooperation on bilateral cybersecurity and privacy in the space, both …

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