South Korea’s Largest Foreign Exchange Bank Files 46 Blockchain-Related Patents
The largest foreign exchange banks in South Korea, KEB Hana Bank, has filed 46 patents related to blockchain tech Go to Source Powered by WPeMatico
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South Korea’s Second Most Populous City Signs MoU With Blockchain Firm to Promote Fintech
South Korea’s “Crypto Valley” — the city of Busan — aims to create new jobs and revitalize the blockchain industry by signing an MoU with blockchain firm Hyundai Pay Go to Source Powered by WPeMatico
Bithumb Partners With Blockchain VC Firm Nvelop to Launch Exchange in UAE: Report
UAE first on the list for Bithumb’s Middle East expansion: report Go to Source Powered by WPeMatico
Seoul City Gov’t Appoints Members to Blockchain Governance Team
The government of Seoul has sent letters of appointment to its recently launched Blockchain Governance Team consisting of 100 participants Go to Source Powered by WPeMatico
South Korean Crypto Exchange Bithumb Lanches Over-The-Counter Trading Platform
Bithumb launches OTC trading desk for institutional investors, following the recent example of other leading crypto exchanges Go to Source Powered by WPeMatico
Huobi Reports 100 Percent Increase in Trading Volumes in 2018 Over 2017
Major global crypto exchange Huobi has reported a 100 percent growth in trading volume in 2018 over 2017 Go to Source Powered by WPeMatico
South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a … Read more
State-Issued Digital Currencies Can Squeeze Banks, Says South Korea Central Bank
Public and banks are at opposite poles when it comes to central bank digital currencies, South Korea central bank suggests Go to Source Powered by WPeMatico
Cryptocurrency Independence Under Threat As Regulation Encroaches
For governments, cryptocurrency is becoming too mainstream to ignore and too chaotic to neglect. Across the world, government agencies are targeting crypto investors not only with taxes but mandatory registration and full disclosure rules. This new wave of regulation poses a contradiction in that some of cryptocurrency’s strongest traits have always been privacy and autonomy. … Read more
Second-Largest Korean Political Party to Implement Blockchain for Member Processes
To make the politics more transparent and fair, a South Korean conservative party aims to implement the use of blockchain technology Go to Source Powered by WPeMatico