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Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. Meanwhile, the Korean Blockchain Association has also come up with its own set of guidelines for crypto exchanges and ICOs. Also read: 160 … Read more
The mayor of Seoul has announced a five-year plan to develop the blockchain industry, which will set up a public-private fund of $88 million Go to Source Powered by WPeMatico
South Korea’s Bithumb, currently the world’s sixth largest crypto exchange, is launching a decentralized platform together with blockchain firm One Root Network Go to Source Powered by WPeMatico
A new report from Diar reveals that “traditional” venture capital investment in blockchain and crypto firms has increased by 280% in the first three quarters of 2018 Go to Source Powered by WPeMatico
Korea’s largest venture capital firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, a project focusing on supply chain management solutions for businesses Go to Source Powered by WPeMatico
The government of South Korea drops digital assets sale and brokerage from venture business classification Go to Source Powered by WPeMatico
North and South Korea are both crazy about crypto, but in very different ways Go to Source Powered by WPeMatico
All the multi-billion dollar conglomerates in South Korea are involved in the local crypto market in some way, including Samsung, LG, Hyundai and Kakao Go to Source Powered by WPeMatico
The Seoul Southern District Public Prosecutors’ Office has reportedly indicted two executives of South Korean crypto exchange Coinnest for accepting a bribe in exchange for listing a cryptocurrency. According to local media, they received 1 billion won (~US$890,000) worth of cryptocurrencies – mostly BTC. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals … Read more
The South Korean government has pledged support for blockchain startups to speed up the growth of the industry in the country Go to Source Powered by WPeMatico
