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South Korea

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South Korea to Review Legal Issues Surrounding Potential CBDC Launch

June 15, 2020 by DIGIT

The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. Go to Source Powered by WPeMatico

Categories Adoption, CBDC, Central Bank, Regulation, Research, South Korea

South Korean Experts Say Crypto is a Poor Safe-Haven Asset

June 12, 2020 by DIGIT

A leading South Korean professor from the Hongik University does not believe cryptocurrencies are safe from market recession. Go to Source Powered by WPeMatico

Categories Bitcoin, Cryptocurrencies, Law, South Korea

South Korean Police on the Hunt for Ethereum Crime Ring Masterminds

June 12, 2020 by DIGIT

The Seoul Metropolitan Police seize two unnamed local crypto exchanges in an effort to dismantle an ETH-related crime ring. Go to Source Powered by WPeMatico

Categories Crimes, Cryptocurrencies, Ethereum, South Korea

South Korean Insurance Giant to Use Blockchain Tech for Mobile Messages

June 11, 2020 by DIGIT

South Korean insurance giant KB Insurance plans to implement a blockchain-enabled mobile message delivery system for its clients. Go to Source Powered by WPeMatico

Categories Asia, Cryptocurrencies, DLT, Insurance, Ledger, South Korea, Technology, Telecom, telecommunications

South Korean Merchants Open to Accepting Digital Yuan

June 10, 2020 by DIGIT

An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future. Go to Source Powered by WPeMatico

Categories Adoption, CBDC, Central Bank, China, South Korea, Technology

South Korea’s NH Bank Forms Blockchain Financial Services Consortium

June 10, 2020 by DIGIT

The South Korean NH NongHyup Bank has announced a memorandum of understanding to research and develop blockchain-based financial services through a new consortium. Go to Source Powered by WPeMatico

Categories Banks, Cryptocurrency Exchange, Regulation, South Korea

South Korean City Opens Public Services to Blockchain-Based ID App

June 9, 2020 by DIGIT

South Korea’s second-largest city, Busan, will let its citizens access government services using a blockchain-based identification app developed by Coinplug. Go to Source Powered by WPeMatico

Categories Blockchain, Government, Regulation, South Korea

South Korean Crypto Exchange Is First to List Kakao’s Token

June 6, 2020 by DIGIT

Kakao’s KLAY token is now trading with a South Korea won pairing despite the country’s restrictions on ICOs. Go to Source Powered by WPeMatico

Categories Adoption, Blockchain, Cryptocurrencies, Cryptocurrency Exchange, South Korea

Crypto Integration Brings Thousands of New Users to Popular Chat App

June 4, 2020 by DIGIT

The 100k user milestone represents 2% of Kakao’s current user base in South Korea. Go to Source Powered by WPeMatico

Categories Blockchain, Cryptocurrencies, kakao corp, South Korea

Decentralized Identity Could Replace All Login Functions, Says LG

June 3, 2020 by DIGIT

A representative of LG’s information technology subsidiary LG CNS told Cointelegraph that blockchain-based identity systems could replace all login functions. Go to Source Powered by WPeMatico

Categories Asia, Blockchain, business, Identity, South Korea, Technology
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$87,739.000.48%
  • ethereumEthereum(ETH)$2,943.620.01%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$843.870.43%
  • rippleXRP(XRP)$1.870.59%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$122.530.11%
  • tronTRON(TRX)$0.280091-1.09%
  • staked-etherLido Staked Ether(STETH)$2,943.080.03%
  • dogecoinDogecoin(DOGE)$0.1285320.04%
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  • bitcoinBitcoin(BTC)$87,739.000.48%
  • ethereumEthereum(ETH)$2,943.620.01%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$843.870.43%
  • rippleXRP(XRP)$1.870.59%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$122.530.11%
  • tronTRON(TRX)$0.280091-1.09%
  • staked-etherLido Staked Ether(STETH)$2,943.080.03%
  • dogecoinDogecoin(DOGE)$0.1285320.04%