2018-11-9 21:08 |
The Korean Bar Association has called on the government to introduce blockchain regulations, ASAP.
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With the price of bitcoin surging, the South Korean government has held an inter-agency emergency meeting over the risk for investors.
2019-5-29 15:15 | |
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There are some layers in South Korea that are working in order for the government to establish a new cryptocurrency legal framework. The information was released by Reuters a few hours ago. The lawyers want the government to establish a legal framework that would help develop the blockchain and cryptocurrency industry and protect investors from […]
2018-11-9 01:48 | |
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The Korean Bar Association, whose membership is mandatory for all lawyers in the country, has campaigned publicly for the government to pass a number of cryptocurrency-related laws. The group specifically proposes regulation for crypto exchanges, initial coin offerings, domestic and foreign crypto transactions, and cryptocurrency funds.
2018-11-9 23:50 | |
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$35 Million Budget Promised by South Korean Government in Efforts to Continue Progression in Blockchain Industry Blockchain technology has afforded many industries and economies the ability to track information in a reliable and trustworthy way over the last few years.
2018-11-9 23:40 | |
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Lawyers in the Southeast Asian country lobbied the government today to quickly establish a legal framework for investor protection. The Korean Bar Association rarely campaigns publically for specific technologies or industry groups, however members felt strongly enough to do so for the cryptocurrency ecosystem within the country.
2018-11-8 15:30 | |
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The North Korean government may be behind several of the cryptocurrency market's largest hacks. Read about their involvement here. The post Cryptojacking, Hacks, and Scams: N.Korea Is Ramping up Cyber Attacks appeared first on CoinCentral.
2018-11-6 22:29 | |
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A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines.
2018-11-1 08:35 | |
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The South Korean blockchain project ICON gains momentum with new projects involving the Seoul Metropolitan Government. This week at… The post ICON Collaborates With the Seoul Government On 3 Blockchain Apps appeared first on Invest In Blockchain.
2018-11-1 01:43 | |
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According to South Korea’s intelligence service, North Korea is purportedly still hacking computers to mine cryptocurrency as a revenue stream for the country’s government, United Press International (UPI) reports.
2018-10-31 18:06 | |
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Popular crypto platform ICON has been on a tear recently, with the project not only delivering on its roadmap promises (in a timely fashion) but also releasing new, exciting dApps quite frequently. In this regard, ICON has recently teamed up with the government of South Korea so as to develop three new dApps which will […]
2018-10-31 23:11 | |
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South Korean blockchain platform, ICON, continues to forge ahead with projects involving the local administration. This week it demoed three new initiatives in conjunction with the Seoul Metropolitan Government; ID Card, Voting System & S-Coin Payment.
2018-10-30 10:17 | |
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Member of Minjoo Party Aims to Lift Korea’s ICO Ban Last September, the Korean government made the bold decision to implement a ban against initial coin offerings (ICOs). They believed ICOs to be a type of fraud, gambling, or even just speculation, even though a great deal of new startups use this method of crowdfunding […]
2018-10-30 23:31 | |
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South Korean cryptocurrency exchange GOPAX has become the first blockchain company to attain K-ISMS certification, the official standard in Korea for information security management systems.
2018-10-30 23:51 | |
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It was touted as a blockchain-powered maritime investment project, but it has turned out to be yet another ingenious method of raising funds by the North Korean government. Known as Marine Chain, the startup claimed it would tokenize maritime vessels for their owners, but it has done anything but.
2018-10-27 22:56 | |
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Seoul, South Korea. This morning at the 2018 Korea Blockchain Expo, Representative Hye Hoon Lee, hinted at the South Korean government changing its stance on ICOs. Mrs. Lee is the nominee… The post South Korean ICO Ban May Be Lifted in November appeared first on CoinCentral.
2018-10-24 18:21 | |
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North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges.
2018-10-20 00:22 | |
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South Korea is a powerhouse when it comes to crypto markets. Things that happen in this Southeast Asian nation have big implications across the entire market and crypto ecosystem. The government’s role in shaping the future of this market is paramount and crypto projects close to that will have the edge.
2018-10-16 12:46 | |
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The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies.
2018-10-15 03:35 | |
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A South Korean official has said that the government is likely to announce its official stance on cryptocurrency ICOs in November. This statement was made during a National Assembly audit on Wednesday.
2018-10-12 10:16 | |
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South Korean legislators are planning to chase the road to clear their stance on Initial Coin Offerings (ICO) in November this year. Despite the government’s on-again-off-again relationship with cryptocurrencies, a National Assembly committee has mooted to revamp the cryptocurrency policies in the country on October 10, 2018.
2018-10-12 09:00 | |
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South Korean lawmakers will decide the future of domestic initial coin offerings (ICOs) in November, but that hasn’t stopped its top financial regulator from lashing out at the cryptocurrency market one last time.
2018-10-11 13:09 | |
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The South Korean government will decide in November whether it will again permit initial coin offerings in the country.
2018-10-11 09:40 | |
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Two Asian nationals are set to be deported from the Philippines to their respective countries. Their respective countries want the two individuals accused of economic crimes which include Bitcoin fraud.
2018-10-6 14:00 | |
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Pointing out the government’s delay in regulating initial coin offerings (ICOs) since a year, South Korean lawmakers called for swift regulatory action in a parliamentary forum on Oct. 2, reported Business Korea.
2018-10-5 10:00 | |
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South Korea has maintained a reasonably negative stance on cryptocurrencies and initial coin offerings (ICOs) since their blanket ban in September 2017. According to Business Korea’s article released on October 4, 2018, however, the National Assembly is looking to convince the government to remove the ICO ban as it may undermine South Korea’s future competitiveness.
2018-10-5 09:00 | |
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In a recent speech given to the National Assembly, Chairman of South Korea’s National Policy Committee Min Byung-Doo urged Korean regulators to legalize initial coin offerings (ICOs).
2018-10-4 22:11 | |
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Although the South Korean Government is keen to improve blockchain regulations, they do not express the same sentiment towards the cryptocurrency industry. According to an article published by Business Korea on October 1, 2018, the South Korean Government decided to deny cryptocurrency exchanges from venture firm certification, which will lead to an increase in taxes for these companies.
2018-10-3 23:00 | |
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South Korean Government Will Exclude Sale and Brokerage Of Digital Assets From Venture Business Now, the South Korean government has decided to exclude digital assets trading companies from venture business classification.
2018-9-27 22:39 | |
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South Korea’s Ministry of Science and Information Communications Technology (ICT) has vowed to increase Government funding and support for the nation’s blockchain companies. According to Business Korea’s article published on September 21, 2018, the Government’s decision to boost support was to assist blockchain startups with current challenges and help drive growth to domestic blockchain industry.
2018-9-23 23:00 | |
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This Friday the South Korean Ministry of Science and Information Communications Technology (MSICT) promised support to facilitate the growth of the domestic blockchain industry. Min Won-ki, the Minister of Science held a meeting with blockchain startups as part of the government’s effort to establish contact with organizations in what it has dubbed the 10 key […]
2018-9-22 18:00 | |
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Seven months ago, the government in Korea brought in a new ‘crypto real-name system’ however, there is only up to 50% of accounts that have been converted into real-name ones, even in the top four cryptocurrency exchanges for Korea.
2018-9-11 13:00 | |
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South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local […] The post Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification appeared first on Bitcoin News.
2018-9-11 10:35 | |
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At an annual international conference for regulators in Seoul, the South Korean Financial Supervisory Service urged regulators from 14 other countries to create an international discipline system for cryptocurrency and initial coin offerings.
2018-9-8 17:30 | |
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South Korean authorities are collaborating with the Walton Blockchain Research Institute to make 42 people proficient in Blockchain technology and get immediate employment in the country, as first reported by local news source Kinews on August 3, 2018.
2018-9-5 15:00 | |
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The South Korean government is literally doubling down on its efforts to trial blockchain in the public sector for 2019.
2018-9-4 12:03 | |
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A South Korean lawmaker has reportedly proposed designating a regulation-free special cryptocurrency zone aimed at initial coin offerings. It has been about a year since token sales were banned in the country but the government has yet to introduce any guidelines for them.
2018-9-2 12:42 | |
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It’s almost been a year since the South Korean Government enacted their blanket ban on initial coin offerings (ICOs). Business Korea reported that during 2017 to 2018, there had been many conflicting policies concerning the promotion of blockchain technology and the banning of ICOs.
2018-8-31 14:00 | |
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This week, South Korean lawmakers observed the government’s confusing stance on distributed ledger applications, with blockchain technology promoted across the board and ICO projects facing strict crackdowns.
2018-8-31 12:00 | |
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Kaspersky’s Global Research and Analysis Team (GReAT) has discovered a new type of malware that poses as a legitimate trading app but is capable of wreaking havoc and goes undetected after infecting the host machine.
2018-8-27 15:00 | |
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Datametrex AI Limited has announced that its Joint Venture company, Graph Blockchain Limited (“Graph”) has signed a Memorandum of Understanding (“MOU”) with Korean Trade Organization, KTNET to develop and implement a blockchain-based electronic trade services platform for KTNET.
2018-8-25 21:19 | |
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The South Korean National Assembly has kickstarted an “extraordinary” meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported.
2018-8-23 03:00 | |
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South Korean city Chuncheon has joined with Swytch in a partnership to expand and accelerate the city’s use of renewable energy. In a move that mirrors other government investments in the blockchain, the agreement between the city and Swytch will see the two organizations examining how to use Swytch technology to make more citizens benefit […] South Korea Blockchain Industry Blooming – Swytch Announces Partnership to Expand Possibilities for Renewable Energies was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-20 13:59 | |
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The South Korean government has announced the outcome of its inspection of 21 cryptocurrency exchanges. While a number of exchanges have completed implementing both short-term and wallet management measures, many security vulnerabilities remain at most exchanges.
2018-8-19 22:10 | |
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Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to “nurture” eight growing sectors of the domestic economy–including blockchain technology.
2018-8-18 10:00 | |
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The government of South Korea has excluded cryptocurrency exchanges from being categorized as venture businesses. The government announced this new cryptocurrency market rule-change through a press release published on August… The post South Korean Cryptocurrency Market Targeted by New Rule Change appeared first on CoinCentral.
2018-8-18 01:05 | |
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Cryptocurrency exchanges in South Korea have condemned their exclusion by the country’s government from the classification of venture firms. Many platform operators believe the development is not in the best interest of the nascent cryptocurrency industry.
2018-8-17 19:58 | |
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The South Korean government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.
2018-8-16 09:30 | |
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South Korea Blockchain Groups Oppose Crypto Exchanges Amendments By Government August 15th 2018 – Seoul, South Korea Earlier in the year the blockchain regulatory bodies in South Korea proposed a motion to curb the increasing popularity of trading cryptocurrencies.
2018-8-16 00:06 | |
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Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation.
2018-8-15 15:00 | |
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A member of the South Korean national legislature could possibly face imprisonment for allegedly misdeclaring his cryptocurrency holdings. Related Reading: Metaplanet Turns To Bitcoin With Massive 4.
CryptoQuant CEO warns of economic instability and calls for reform in South Korea’s financial policies. In a Dec. 19 post on X, Ki Young Ju, the CEO and founder of CryptoQuant, expressed grave concerns about the status of the Korean…
A former South Korean legislator from the Democratic Party received a six-month prison term for deliberately withholding significant cryptocurrency holdings from his mandatory financial disclosures, in a case that has drawn fresh scrutiny to the transparency standards for public officials in one of Asia’s major economies.
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