South Korea: Blockchain R&D Fund Worth $400 Million Under Consideration by Government

South Korea: Blockchain R&D Fund Worth $400 Million Under Consideration by Government
фото показано с : btcmanager.com

2020-5-15 21:07

Amid growing concerns of China pulling away in the emerging digital economy, South Korea’s government is set to invest $400 million in blockchain research and development (R&D) as the country looks to revamp its digital technology sector.

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Источник: btcmanager.com

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Фото:

South Korea Plotting $400 Million Blockchain War Chest to Challenge China

South Korea’s government is reportedly exploring a $400 million blockchain R&D fund to boost its emerging digital economy and stay apace with China’s growing dominance in the sector. According to ZDNet Korea, the country’s Ministry of Science and Technology will at the end of the month decide on whether to move forward with a planned […] The post South Korea Plotting $400 Million Blockchain War Chest to Challenge China appeared first on BeInCrypto.

2020-5-15 23:11


Фото:

South Africa: Government Panel Proposes Strict Crypto Regulations

An intergovernmental panel in South Africa comprising the central bank, treasury, and financial regulators is calling for the enactment of strict crypto regulations in the country. Strict Crypto Policing in South Africa In a paper published by the Intergovernmental Fintech Working Group (IFWG) in South Africa, the government panel argued for the establishment of aRead MoreRead More.

2020-4-18 17:00


South Korean Govt to Fund $3.2M to Blockchain Startups That Create Economic, Social Value

The Government of South Korea has made yet another progressive move to support blockchain development after it announced $3.2 million funding to startups. This initiative is a collaboration of the country’s Ministry of Science & ICT (Information and Communications Technology) together with the National Institute of Information and Communication Industry Promotion (NIPA). According to a […]

2020-3-18 15:38


Фото:

South Korean Authorities Formulate Legislation to Boost Mainstream Bitcoin Adoption

South Korea’s Presidential Committee on the Fourth Industrial Revolution (PCFIR) is advocating that the Korean government makes cryptocurrencies mainstream by introducing friendly regulations that will help to integrate distributed ledger technology (DLT) powered digital assets into the traditional financial world, according to an Ibtimes report.

2020-1-8 18:00


Фото:

Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream

A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s financial system, allowing financial institutions to directly offer a range of crypto products, including derivatives, […] The post Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream appeared first on Bitcoin News.

2020-1-8 10:30


Фото:

South Korea: Government Mulling Taxing Cryptocurrency Capital Gains

The South Korean government is mulling imposing taxes on capital gains arising out of cryptocurrency transactions – including Bitcoin (BTC) – reports The Korea Times, December 9, 2019. South Korean Authorities Taming the Crypto Conundrum In their short history, cryptocurrencies haven’t exactly been able to earn the trust of a large number of financial watchdogsRead MoreRead More.

2019-12-9 18:00


South Korea Ministry Makes $382 Million Investment into Research and Development of Blockchain

The Ministry of Science and Technology in South Korea is planning to put 450 billion Won, which is about $382 million, in blockchain development and research. The investment would take place over a 6 years period of time, starting in 2021 and ending in 2026, the ZDNet Korea has reported on Thursday. As some government […]

2019-11-22 20:27


Apollo Currency Signs MOU With Nation of Lesotho as Part of Blockchain Initiative

Multi-function crypto platform Apollo announces MOU with the nation of Lesotho to improve the private sector, employment, poverty, and education.   16th November 2019, SANDTON, South Africa – All-in-one cryptocurrency platform Apollo Foundation is announcing an MOU with the nation of Lesotho to develop and implement blockchain technology in various government departments and initiatives.

2019-11-17 11:03


Фото:

Apollo Currency Signs MOU With Nation of Lesotho as Part of Blockchain Initiative

Bitcoin Press Release: Multi-function crypto platform Apollo announces MOU with the nation of Lesotho to improve the private sector, employment, poverty, and education.   16th November 2019, SANDTON, South Africa – All-in-one cryptocurrency platform Apollo Foundation is announcing an MOU with the nation of Lesotho to develop and implement blockchain technology in various government departments and […] The post Apollo Currency Signs MOU With Nation of Lesotho as Part of Blockchain Initiative appeared first on Bitcoin PR Buzz.

2019-11-16 16:55


Korea’s Biggest Bitcoin Exchange Embarks on a Major Challenge – India

Bithumb, South Korea’s largest bitcoin exchange alongside UPbit, is trying to convince the government of India to allow cryptocurrency trading. Javier Sim, co-founder and managing director of Bithumb, said that the company is planning to expand into the Indian cryptocurrency market through local partnerships, funding cryptocurrency startups in the region.

2019-10-3 11:04


Фото:

Bithumb To Enter Indian Bitcoin Market, Set for Talks with Govt Regulators

South Korean bitcoin exchange giant Bithumb is seeking to enter the Indian market with talks lined up with relevant government agencies about the matter. Bithumb Set to Partner with Indian Bitcoin Exchanges According to The Economic Times of India, Bithumb wants to partner with local bitcoin exchanges in the country in setting up a regulated platform.

2019-10-3 10:59


Фото:

China has no idea know when it will launch its digital currency

Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports.

2019-9-25 16:30


UN Accuses North Korea Of Being Responsible for Cyberattacks in 17 Countries

The United Nations have recently accused South Korean hackers and the government of being responsible for carrying out 35 cyberattacks. According to the UN, 17 countries were affected by the attacks, which were allegedly orchestrated in order to fund the development of mass destruction weapons. Now, a new report has been published and they claim […]

2019-8-13 22:10


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