South Korea News

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Da Hongfei Unveils $100 Million Funding Into NEO’s Ecosystem

Da Hongfei, the founder of NEO, has revealed that a $100 million funding initiative called NeoEcoBoost would be injected into the Neo ecosystem to...

US, Japan, and South Korea Record the Highest Number of Cryptocurrency...

A look at the number of visits to the top 100 most popular cryptocurrency exchanges reveals that most of the visitors are from the...

Average Crypto Investment by Middle-aged Koreans has Doubled Since 2018

The average cryptocurrency investment by middle-aged South Korean investors has doubled over the past year. Also, the median amount invested in cryptocurrencies by retail investors...

Seoul Metropolitan Government Is Using ICON to Appoint Members of Its...

The Seoul Metropolitan Government has used ICON's public blockchain to issue "mobile letters of appointment to its Blockchain Governance Team." The government and its supporting agencies...

New Korean Report Slams Central Bank Issued Digital Currencies

A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the...

Blockchain Exchange Alliance Will Take Over Korean Crypto Exchange Bithumb

South Korean crypto exchange Bithumb will be getting a makeover after being acquired by a plastic surgeon led blockchain consortium. Blockchain Exchange Alliance (BXA) led...

South Korean Lawyers Urge Government to Regulate Cryptocurrencies and Protect Investors

The Reuters reported on Nov. 8th that the South Korean Bar Association publicly pressed the government to enact a legal framework that recognizes digital...

South Korean Financial Regulator Maintains Negative Stance on Cryptocurrencies

The top financial regulator of South Korea doesn’t believe that cryptocurrencies and initial coin offerings (ICOs) have positive connotations. During the parliamentary audit sessions...

South Korea: Ruling Party Lawmakers Urge Government to Go Ease on...

According to a report by Business Korea, South Korea’s ruling Democratic Party lawmakers Min Byung-doo and Roh Woong-rae are spearheading an initiative to convince the...

Korean Mobile Carrier Will Provide Blockchain Payments Overseas

Korean mobile carrier LG Uplus will provide blockchain-based overseas payment services to its subscribers via partnerships in Japan, Taiwan, and the United States. The service,...

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