The Fair Trade Commission originally asked Bithumb and four other platforms to increase liability in 2018. Five cryptocurrency exchanges in South Korea have increased their liability to users in line with demands from regulators. Local English-language news outlet The Korea Herald reported the news on June 17, citing Yonhap News Agency. A year after the […]
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Korean banks push for blockchain adoption as former high-level officials join the space. In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in the areas of Know Your Customer (KYC) procedures and security. Fintech has become a buzzword for local banks trying to keep up […]
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Cryptocurrencies data and indices provider CryptoCompare’s new research shows which cryptocurrency exchanges perform best. Cryptocurrencies data and indices provider CryptoCompare’s new research has assessed and ranked performance among cryptocurrency exchanges as of June 2019. To prepare the ranking of cryptocurrency exchanges, CryptoCompare analyzed data collected between May 1 and May 30 of the current year, […]
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A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean […]
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The former deputy governor of South Korea’s financial regulator has been nominated to lead the Korea Blockchain Association. The former deputy governor of South Korea’s financial regulator, the Financial Supervisory Service (FSS), has been nominated to lead the Korea Blockchain Association. The news, revealed by the association on Monday, was reported by local English-language daily […]
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Partnership between Japan’s transport and e-commerce giant revs up Tokyo’s efforts to go cashless. The Japanese transportation industry is leading the country’s long-standing efforts to go cashless. Earlier this month, two major players from the archipelago’s e-commerce and transport industries partnered up to simplify and promote payments that do not require hard cash. Homegrown e-commerce […]
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South Korean authorities will spend $677,000 to apply blockchain in the billing system of the national postal service. South Korea’s national postal service Korea Post is planning to apply blockchain technology to its billing system, local news agency News1 Korea reports on June 5. The initiative is a collaboration between the South Korean government and […]
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South Korea’s top power provider has signed a contract with two domestic power suppliers. South Korea’s largest power provider has signed a contract with two domestic power suppliers to establish a blockchain-powered system for transacting Renewable Energy Certificates (RECs). The news was reported by local energy news site Energy Daily on June 4. KEPCO — […]
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Even after the recovery from the lows, major cryptocurrencies continue to surge. Can the top five performers extend their upwards move? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research […]
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An ultimate guide to tokenization, one of crypto’s hottest buzzwords. Can a tokenized economy actually become a reality? It is a fair assumption, and — as described above — there are signs to suggest an industry is emerging. Yes, the regulatory frameworks should be adjusted, if not for all the countries on the planet but […]
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