Category: South Korea
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South Korean financial watchdog seeks to ban privacy coins within the country
Virtual asset service providers in the country will not be allowed to handle “dark coins.”
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South Korean gov’t doesn’t know who will protect crypto exchanges from Kim Jong-Un’s hackers
Can anyone hold North Korea responsible for its attacks on the crypto industry?
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South Korean telecom launches blockchain wallet for official documents
South Korea’s SK Telecom is issuing a blockchain solution for the storage and management of government certificates.
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Japanese messaging giant LINE developing CBDC platform
The platform would aid central banks in Asia with developing a central bank digital currency.
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Korean blockchain lobby calls for crypto tax plan to be put on ice
The Korea Blockchain Association wants the government to postpone the implementation of its new tax framework until 2023.
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South Korea’s digital won to begin distribution phase next year
The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch.
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BMW Korea trials a blockchain-powered rewards program ahead of global launch
The car manufacturer is trialing the new blockchain system, which offers customers tokenized loyalty points, before its potential rollout worldwide.
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South Korea’s Central Bank to Test Digital Currency With Banks in 2021
Following China’s lead, the Bank of Korea is to run circulation trials of a central bank digital currency with assistance from banks.
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Investor losses legal battle against Bithumb for 2017 data breach incident
The user claimed to have lost a massive amount of money due to Bithumb’s negligence.
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Samsung’s new blockchain pilots are all about transparently tracking medicine
Blockchain continues to attract interest in the pharmaceutical industry.