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Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch
The Bank of Korea (BoK) is in search of a consulting partner to help develop the architecture for its Central Bank Digital Currency (CBDC).
South Korea Is Looking to Put Trade Finance on the Blockchain
The South Korean government wants all trade to be on the blockchain, Coindesk reports.
Jury Trial will Decide if Ethereum Dev Nigel Griffith Helped North Korea Evade Sanctions
Ethereum developer Virgil Griffith has been accused by the US Department of Justice of aiding North Korea (DPRK) in evading sanctions and will now face trial by jury.
OKEx to Shut Down Its Crypto Business Operations in South Korea by April
OKEX intends to shut down its crypto branch in South Korea. According to sources familiar with the talks, the move is attributed to new anti-money laundering regulations in the country.
Ethereum Developer’s Trial for Attendance at North Korea Blockchain Conference Set for September 2021
Ethereum researcher Virgil Griffith has been accused by the US government of assisting North Korea in questionable affairs involving cryptocurrencies.
South Korea Plans to Postpone Cryptocurrency Tax Rule to January 2022
South Korea is planning to delay the implementation of its crypto income tax rules to January 2022, extending it from its previous time frame of October 2021.
Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers
Blockchain-powered driving licenses were made available as an option in South Korea in May.
Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi
Top banks in South Korea have selected Chainlink and CenterPrime to bring a blockchain-enabled decentralized finance solution for foreign exchange rates.
South Korea Sets Up Panel to Accelerate CBDC Launch
In a bid to keep up with global trends in the development of a Central Bank Digital Currency, South Korea launches a 6-man panel to review regulatory issues
Klaytn's Governance Council: Bringing Enterprises and Institutions Together on Blockchain
In part 1 of our interview with Zachary Keats of Klaytn, Kakao’s blockchain development arm, we explored Klaytn and Kakao’s dominance in the online and digital community in South Korea. Although Kakao gives Klaytn a large audience and participant pool in South Korea, what other attributes does Klaytn have that makes it an exceptional blockchain?
South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production
The South Korean government has designated Andong City as a free trade zone for hemp production, leveraging a blockchain network.
South Korea Sees Surge in New Blockchain Platforms for Trading of Unlisted Stocks
South Korea’s progressive-thinking and liberal attitude on blockchain technology and cryptocurrencies got another boost on May 11. Industry sources revealed the upcoming launch of two new blockchain-based exchanges to bolster the financial trading of unlisted equities.