South Korean Ministry Drops Cryptocurrency Exchanges From Venture Enterprise Classification
South Korea government says crypto exchanges will be excluded from legislation governing venture businesses Go to Source Powered by WPeMatico
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Blockchain Among Targets of South Korea’s $4.4 Billion Domestic Investment Plans for 2019
Over the next five years, the South Korea government wants to pump almost $5 billion into blockchain, among other technologies Go to Source Powered by WPeMatico
South Korean Police Raid Crypto Firm Which Claimed to Possess Sunken Treasure
In the old days, people invested in gold as a store of wealth as its value was universal and largely stable. However, cryptos changed the game and attracted a lot of investment which otherwise would have gone to gold. But what if you could merge the two? This was the promise that swayed many investors … Read more
South Korea’s Science Ministry Announces Six-Month Blockchain Youth Training Initiative
South Korea’s Science and ICT Ministry launches six-month blockchain training initiative for the country’s youth Go to Source Powered by WPeMatico
South Korea: Police Raid Firm Whose Alleged Crypto Scam Promised Investors Shipwreck Gold
South Korean police have raided the office of a local firm whose alleged crypto scam promised investors the spoils of a sunken Russian warship Go to Source Powered by WPeMatico
Korea Blockchain Enterprise Promotion Association Calls on Government to Regulate Crypto
The recently launched Korea Blockchain Enterprise Promotion Association has called on the state to get a move on crypto and blockchain regulation Go to Source Powered by WPeMatico
KB Financial Group Report Finds Only 2% of South Koreans Interested in Crypto Investing
Around 75% of domestic respondents marked having no interest in investing in cryptocurrencies, according to a new report from KB Financial Group Go to Source Powered by WPeMatico
South Korean Biotech Firm to Use Blockchain for Genomic Big Data Ecosystem
Public Korean gene sequencing firm Macrogen is developing a blockchain-based ecosystem to allow for the secure exchange and storage of genomic big data Go to Source Powered by WPeMatico
South Korea’s Largest Bitcoin Exchange Passes Government Audit With Flying Colors
South Korea’s cryptocurrency situation is slowly becoming a lot more clear. Despite initial concerns regarding the Upbit exchange’s investigation, the company successfully passed an audit by local financial authorities. There is no proof of any wrongdoings, and Upbit was not involved in any trading manipulation. Upbit Receives the Green Light It is good to hear … Read more
‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help
South Korean police have asked Interpol for help with an investigation into the fraudulent token sale of Shinil Gold Coins that were claimed to be backed by the “treasure” on the sunken Dmitrii Donskoi. Local media reported that the sale raised an estimated $53.5 million from about 124,000 investors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more
