Tag: South Korea

South Korea’s Crypto Market Overview: How Largest Banks and Conglomerates Back Exchanges

The crypto market and blockchain sector of South Korea, the third-largest digital asset alternate market on this planet behind the United States and Japan, have a number of the most strong techniques and infrastructure in place to guard buyers and facilitate the rising demand for cryptocurrencies. The sturdy infrastructure of the nation’s cryptocurrency market is […]

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Coinnest Executives Indicted for Accepting Bribe for Coin Listing

Exchanges The Seoul Southern District Public Prosecutors’ Office has reportedly indicted two executives of South Korean crypto alternate Coinnest for accepting a bribe in alternate for itemizing a cryptocurrency. According to native media, they acquired 1 billion gained (~US$890,000) price of cryptocurrencies – principally BTC. Also learn: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator […]

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South Korean Gov’t Pledges Support for Blockchain Startups to Facilitate Industry Growth

The Korean Ministry of Science and Information Communications Technology (MSICT) has pledged additional help to facilitate the expansion of the home blockchain , Business Korea reported September 21. Second Minister of Science and ICT Min Won-ki held a gathering with blockchain startups as a part of the government’s effort to determine contact with organizations in […]

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Upbit Crypto Exchange Operator to Open Singapore-Based Crypto Exchange Next Month

Kakao-affiliate Dunamu, the operator of main South Korean crypto change Upbit, plans to open a Singapore-based change subsequent month, native information outlet Yonhap News reports September 19. According to Yonhap, Dunamu already arrange a department in Singapore this February as a part of its energetic push to develop throughout the Asian market. While the precise […]

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$10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober

Exchanges News wires buzzed this week when the National Association of Securities Dealers Automated Quotations (Nasdaq) introduced its pending buy of Swedish crypto-friendly inventory trade Cinnober. Nasdaq made “an USD 190m all cash recommended public offer” to the trade, which it phrases a serious “financial technology provider to brokers, exchanges and clearing houses worldwide.” It […]

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Seoul-Based Food Delivery Service Now Accepts Bitcoin Cash

News This week Bitcoin Cash (BCH) followers had been happy to listen to one other well-known service provider is now supporting BCH for funds. The South Korea-based meals dispatch platform referred to as Shuttle Delivery now accepts BCH for door-to-door meal deliveries all through the Seoul area. Also learn: Gemini Dollar Code Review Reveals the Stablecoin’s Accounts […]

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PR: EasyVisual Blasts Advertising Market with New Channel for Brand Promotion

This is a paid press launch, which comprises ahead wanting statements, and ought to be handled as promoting or promotional materials. Bitcoin.com doesn’t endorse nor assist this product/service. Bitcoin.com isn’t accountable for or answerable for any content material, accuracy or high quality inside the press launch. Imagine an ideal world the place the commercial of […]

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LG’s Mobile Arm to Trial Blockchain Payments for Overseas Travelers

LG Uplus – a South Korean mobile service owned by the nation’s fourth largest conglomerate, LG Corporation – is launching a blockchain-based abroad cost service. Announced Sunday, the trial effort will see the corporate working with companions in Japan, Taiwan and the U.S. to supply customers of the three cellular providers cheaper and quicker funds […]

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Korean Mobile Carrier LGU+ Launches Blockchain-Based Overseas Payment System

South Korea’s LG UPlus, a cellular provider owned by the nation’s fourth largest conglomerate LG Corp., is launching a blockchain-based cross-carrier abroad fee service, Korea Times reports at this time, September 16. Last Thursday, September 13, LG UPlus had signed an MoU to develop the brand new service alongside three world companions: Taiwan-based Far EasTone […]

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Korea Customs Service Partners with Samsung SDS to Build Blockchain Customs Platform

The Korea Customs Service has signed an settlement with Samsung SDS to deploy blockchain know-how for its customs clearance system, based on a press release printed September 14. Samsung SDS, the IT arm of electronics big Samsung, will develop a blockchain-powered platform primarily based on Nexledger, which shall be used for export customs logistics companies. […]

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