South Korea


Markets

Industry Group to Bring 'Order' to Korea's Crypto Exchanges

A South Korean blockchain industry organization has proposed a self-regulatory framework to set standards for the cryptocurrency exchange industry.

South Korea

Markets

Korea to Inspect 3 Banks Over Crypto Exchange Connections

Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts.

korea won bitcoin

Technology

Korean Police Detain 4 Crypto Exchange Execs Over Alleged Embezzlement

South Korean police on Thursday detained four executives from two cryptocurrency exchanges over alleged embezzlement.

sk police

Markets

R3 Researcher: Central Bank Blockchain Could Go Live In 2018

South Korea's first major blockchain conference saw discussion of the possibility of a central bank cryptocurrency Wednesday.

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Markets

Korea's Crypto Exchanges Pledge Market Cleanup

While the crypto market has seen a major correction recently, Korean exchanges show future optimism and double down on self-regulation efforts.

deconomy panel

Markets

Korean Police Bust Bitcoin Miners Illegally Using Cheap Factory Power

Companies using cheap electricity to mine cryptocurrencies at industrial complexes in South Korea have reportedly been arrested by police.

bitcoin mining

Markets

Report: Korean Insurer Denies Claim from Bankrupt Crypto Exchange

A South Korean cryptocurrency exchange has reportedly had its insurance claim denied months after it closed following a debilitating hack.

Insurance

Markets

Survey: Younger Koreans More Likely to Invest in Crypto

Nearly a quarter of South Koreans in their 20s want to invest in cryptocurrencies, according to a new poll conducted by Bank of Korea.

BTC3

Markets

Kakao Confirms Creation of Blockchain Platform, Denies ICO Rumor

South Korean internet giant Kakao has confirmed it is setting up a new blockchain subsidiary, but quashed rumors of a planned initial coin offering.

kakao

Markets

Korean Regulators to Probe Bank AML Measures for Crypto Exchanges

Two South Korean regulators are reportedly launching an investigation of banks' implementation of anti-money laundering procedures for exchanges.

korean won and bitcoin