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In 1 Year, Samsung Has Gone from Bitcoin Miner Manufacturer to Accepting Crypto

Samsung, the $290 billion electronics giant, has started to accept crypto in its stores in the Baltic region as an alternative to fiat money on July 21, 2018. Heavily Involved in Crypto In South Korea, Samsung remains as the dominant conglomerate in virtually every major industry including insurance, real estate, construction, shipbuilding, automotive manufacturing, and finance. дальше »

2018-7-25 21:00


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South Korea to Establish Digital Currency Policy-Making Department

South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising Technology “Leads Financial Innovation” As reported on The Korea Times, the country’s Financial Services Commission decided after careful consideration of the burgeoning blockchain industry and a crucial need for regulation to […] The post South Korea to Establish Digital Currency Policy-Making Department appeared first on CryptoSlate. дальше »

2018-7-23 09:00


South Korea’s Finance Watchdog’s New Crypto Division

South Korea’s Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The FSC said the new department – dubbed the Financial Innovation Bureau – will focus on developing policy-making initiatives for the domestic blockchain and fintech industry, The Korea Times reported on Thursday. The decision to set up the дальше »

2018-7-20 21:30


Following the approval of 12 out of 12 Crypto Exchanges, South Korea Blockchain Association under fire

Over two months ago, the Korea Blockchain Association (KBA) decided to initiate self-inspections into cryptocurrency industry striving to insure the digital exchanges operating in South Korea had safeguards to check themselves from potential issues such as cyber-attacks and malicious activities. дальше »

2018-7-14 00:11


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The main Korean logistics company connects Blackhawe to Lotte Transport Alliance

South Korea’s Lotte Global Logistics, a major Seoul-headquartered logistics and shipping firm, has joined the Blockchain in Transport Alliance (BiTA), FreightWaves reported Monday, July 9. The BiTA trade association was formed in 2017 to popularize and develop blockchain applications in the transport and logistics industries, as well as to establish industry standards for adoption of дальше »

2018-7-11 17:13


COO of Beyond Blocks on Korea Blockchain Week: “Korean Projects Are the Ones That Make People Go Nuts”

Korea Blockchain Week is setting up perfectly for organizers and attendees with excitement levels increasing on a stream of pro-blockchain news coming from the country recently. The most recent news report states that the Korean Government is working on a classification system which could legitimize the blockchain industry. дальше »

2018-7-10 16:34


Korean Financial Authorities Draft Policies to Help Grow Crypto Industry

Financial authorities in Korea will ease regulations on crypto-based assets in attempts to line-up with policies brought forth by the G20 nations and foster growth in the industry. Korea Establishes “Unified Regulations” The new polices are “unified regulations” that relate to “all activities” of Korea’s cryptocurrency exchange operators — a country that has a huge. дальше »

2018-7-7 00:00


Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions

From now on the cryptocurrency exchanges of South Korea form a new industry named “Cryptocurrency Exchange and Brokerage” able to operate at a large capacity with full government support. The post Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions appeared first on CoinSpeaker. дальше »

2018-7-6 20:52


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South Korea legitimizes Blackheine business with major new classification standards

The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. The scheme will reportedly serve as a basis for policy making, notably aimed towards “blockchain promotion and regulatory frameworks,” and covers areas including blockchain systems construction, decentralized applications (DApps) дальше »

2018-7-5 19:23


Contradictory Reports Emerge on Crypto Taxation in South Korea

One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to anticipate. The South Korean crypto […] дальше »

2018-6-27 17:00


South Korean Firms Flock to Singapore for ICO Purposes

Even though the initial coin offering industry has attracted a lot of attention, it is also a problem. Especially when it comes to regulation, the opinions on ICOs are quite divided. With South Korea still banning this activity, a fair few domestic firms are organizing ICOs in Singapore due to its regulatory-friendly climate. Singapore Welcomes […] дальше »

2018-6-26 21:00


Crypto Beach Developed by South Korea, After Switzerland’s ‘Crypto Valley’

South Korea has revealed plans to launch a blockchain center in Busan city modeled on the Swiss Crypto Valley, local news outlet Edaily reported June 14. “We need a place to concentrate on the cryptographic industry in Korea like the Crypto Valley in Switzerland,” Oh said at the event. Located in eastern Busan, South Korea, дальше »

2018-6-15 05:25


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