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South Korea’s Liberty Korea Political Party set to use Blockchain Technology for Elections

In a bid to foster transparency and curb the activities of bad actors in the electoral process via blockchain technology, South Korea’s largest opposition party, the Liberty Korea Party, has joined forces with ioeX, a Taiwanese distributed ledger technology (DLT) startup, according to a press release on January 11, 2019. дальше »

2019-2-12 22:00


A Central Bank Digital Currency May Lead to All Kinds of Monetary Chaos, says Korea’s Central Bank

A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks. дальше »

2019-2-8 14:20


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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »

2019-2-7 16:40


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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »

2019-2-7 16:40


South Korea’s FSC Continues Initial Coin Offering Slap After Multiple Tokens Violate Rules

The debate over the continual ban against initial coin offerings (ICOs) in South Korea has finally been settled, but the news isn’t good. The top financial regulator in the country has decided that the ban will remain in place, though the cause is due to rule violations of local projects. The Financial Services Commission (FSC) […] дальше »

2019-1-31 22:16


Ontology and South Korea’s Hanwha Life Insurance to Develop a Blockchain Academy Program

Ontology has joined hands with South Korea’s first life insurance company, Hanwha Life, in a bid to develop a “Blockchain Academy” program. According to an official announcement, Hanwha Life is looking to use Ontology’s blockchain to come up with an effective Blockchain Academy program, which was launched in June 2018. Boasting around 5,000 registrations, the […] дальше »

2019-1-30 20:22


South Korean cryptocurrency exchanges pool data to counter money launderers

Laundering funds with cryptocurrencies in South Korea could soon become a thing of the past if four of the country’s exchanges have their way. According to a local media report, Bithumb, Upbit, Corbit and Coinone have cobbled together to share ‘real-time’ wallet information on any suspicious activity linked to phishing attempts and pyramid schemes. дальше »

2019-1-28 20:10


Analyst Predicted Countries to Create Pro Crypto Economic Zones in 2018, Rapid Progress

Nine months ago, prominent crypto analyst Nic Carter made a bold prediction that in less than a year, at least one “nation state” would announce the creation of a Special Crypto-Economic Zone. Today, Carter’s prediction rings true with a number of countries such as the Philippines, South Korea, and Thailand are working to create an. дальше »

2019-1-26 23:00


2019 Blockchain Convergence Summit: Chain Plus+ Kicked Off with Great Fanfare… Attended by All Major Blockchain Investors

CoinSpeaker 2019 Blockchain Convergence Summit: Chain Plus+ Kicked Off with Great Fanfare… Attended by All Major Blockchain Investors 2019 Blockchain Convergence Summit: Chain Plus+ (Chain Plus) opened with great success, attended by around 2000 blockchain experts and general participants from South Korea and overseas. дальше »

2019-1-25 00:51


Корейская криптобиржа случайно разослала своим пользователям криптовалюты на сумму более $5 миллионов

Корейская криптобиржа Coinzest в результате технической ошибки отправила своим пользователям различные криптовалюты на общую сумму более $5 миллионов. Некоторые трейдеры поспешили избавиться от неожиданного «подарка», из-за чего цена BTC на площадке опустилась до $50. дальше »

2019-1-23 14:46


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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »

2019-1-23 00:57