South Korea


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Korean Police Allege Coinone's Crypto Margin Trading Is Illegal Gambling

A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling.

south korea police

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Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling

South Korea's Supreme Court ruled Wednesday that cryptocurrencies can be forfeited in criminal cases, allowing the seizure.

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Meet Kakao: How Korea's Largest Mobile Giant Is Embracing Blockchain

Jason Han, CEO of Kakao's blockchain subsidiary Ground X, tells CoinDesk his thoughts on how crypto could impact big business.

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Korean National Assembly Makes Official Proposal to Lift ICO Ban

South Korea's legislative arm of government is pushing for the removal of the country's ban on domestic initial coin offerings.

South Korean National Assembly building

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Seoul Mayor Pledges Blockchain Boost in Re-Election Push

Seoul mayor Park Won-soon is pledging to focus on blockchain innovation as part of his campaign pitch for potential re-election this year.

Seoul mayor

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Korea's Biggest Crypto Exchange Raided Over Suspected Fraud

Prosecutors in South Korea have raided the largest cryptocurrency exchange in the country, UPbit, over suspected fraud, according to a report.

Skorea

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New Korean Financial Watchdog Chief Takes Softer Tone on Cryptos

The incoming head of a South Korean financial regulator has noted the "positive aspects" of cryptocurrencies.

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Korea's SK Telecom to Build Blockchain for Identity and Asset Exchange

SK Telecom has announced plans to launch a blockchain-based platform aimed to simplify payment and subscription processes.

SK Telecom

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Bitcoin Pyramid Scheme Amassed $20 Million in South Korea

Two men in South Korea have been sentenced for building a bitcoin pyramid scheme that swindled around $20 million from investors.

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Korea Moves to Limit Crypto Mining Chip Imports

Cryptocurrency miners in South Korea may soon find it more difficult to get foreign-made mining chips imported to the country.

via Asus