Home Seoul

Seoul

South Korean Crypto Exchanges Combine to Tighten AML Security

South Korean Crypto Exchanges Combine to Tighten AML Security

South Korean exchanges Coinone, Corbit, Upbit, and Bithumb have joined in implementing heightened levels of anti-money laundering (AML) security in view of high-level hacks over time. Despite the country’s high level of regulation, requiring companies offering cryptocurrency products to implement AML security, hackers have proven to find ways of infiltrating some exchanges’ safeguards. The four exchanges will focus on activities …


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 …


12Page 1 of 2

Off Beat

Our Friends & Community

coinidol banner

Market Trend

powered by Coinlib
Ad

Submit Your Story

Submit Sponsored Story

buy and submit sponsored story

Submit Your PR

Submit Press Release

buy and submit press release

Read on Google News App

qr code

Newsletter

Get the best viral stories straight into your inbox!

Don’t worry we don’t spam

Events

widget id:12002 is not available. widget status: draft