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Korean Blockchain Association Gives 12 Local Cryptocurrency Exchanges Clean Bill of Health, Insurance on the Horizon

In a bid to improve the security level and general standards of cryptocurrency exchanges in South Korea, after a series of hacks and heists rattled the local cryptospace, the Korean Blockchain Association (KBA) formulated a set of stringent guidelines that would govern exchanges and crypto-related projects in the state. дальше »

2018-7-17 20:00


Korean Self-Regulatory Body: 12 Cryptocurrency Exchanges Meet Minimum Requirements

The Korean Blockchain Association (KBA) has passed a vote of confidence on 12 cryptocurrency exchange platforms in South Korea. All 12 Cryptocurrency Exchange Platforms Meet the Requirements According to the KBA, all 12 participants in the audit passed the minimum requirements set forth by the Association. дальше »

2018-7-13 00:51


Self-Regulating South Korean Exchanges Receive a Favorable Audit

South Korea is a very important location in the world of cryptocurrency. Its exchanges generate tremendous amounts of trading volume, and it seems that situation will not change anytime soon. According to a new report, the Korean Blockchain Association has announced that all exchanges meet its regulatory requirements, which is a very positive sign. Korean Exchanges […] дальше »

2018-7-13 00:00


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New Crypto Laws Proposed by Korean Political Parties

South Korea’s National Assembly is reportedly set to witness a whirlwind of legislative efforts around cryptocurrencies in the coming days. Between July 13 and 26, members of a number of Korean political parties are expected to submit bills focused on regulating cryptocurrencies, initial coin offerings and blockchain, according to a report from The Korea Times. While дальше »

2018-7-12 23:33


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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


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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


Crypto Exchanges Struggle to Get Insurance After Recent Hacks

The Korean Blockchain Association thought it was offering a win-win scenario to insurers when it previously held a briefing session to select a preferred carrier. It was offering insurance companies a package that included numerous exchanges while using that group to negotiate the best plan for its members, but due to the cost of recent hacks on. дальше »

2018-6-26 13:00


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Korean Government to Lead 6 Blockchain Pilots With $9 Million Finance

The South Korean government will invest 10 billion Korean won (or $9 million) to support blockchain development in the country, with plans to carry out six pilots using blockchain technology. According to a report from CoinDesk Korea, the country’s Ministry of Science and ICT published a blockchain development strategy on Thursday. The agency said the government plans to дальше »

2018-6-22 11:53