South Korea

Ether

Ether Prices Surge Above $360 to Hit Two-Month High

The price of ethereum's ether token has risen sharply over the past 24 hours, reaching levels not seen for over two months.

Markets  ·  29 August 2017
Litecoin

Litecoin Price Surges to New All-Time High Over $60

Litecoin prices have surged over the past 24 hours, reaching a new all-time high following a month of sideways trading.

Markets  ·  28 August 2017
Ether

Shopping Mall Bans Bitcoin and Ether Mining as Merchants Run Up Bills

An electronics retail marketplace in South Korea has reportedly taken the unusual step of banning vendors from mining bitcoin or ether.

Tech  ·  7 August 2017
Regulation

South Korean Lawmaker Seeks to Tighten Cryptocurrency Rules

Efforts to regulate the use of cryptocurrencies in South Korea are moving forward with a proposed series of legislative amendments.

Policy & regulation  ·  2 August 2017
Payments

SBI Reveals Joint Blockchain Remittance Venture With South Korean Startup

South Korean bitcoin exchange Coinplug has announed a new joint remittance venture with the fintech subsidiary of Japan-based investment group SBI.

Business  ·  31 July 2017
Regulation

Korean Lawmaker Calls for Consumer Protection in Cryptocurrency Bill

A revision to domestic law in South Korea could soon set the stage for the nascent cryptocurrency industry to be regulated.

Policy & regulation  ·  18 July 2017
Crime

South Korean Bitcoin Exchange to Pay Back Users After Account Thefts

South Korea's largest bitcoin and ether exchange is moving to compensate users after its data systems were compromised.

Policy & regulation  ·  5 July 2017
South Korea

Electronics Giant LG is Testing R3’s Distributed Ledger Software

A subsidiary of multinational electronics firm LG has announced it intends to investigate blockchain use cases in finance.

Business  ·  29 June 2017
Bitcoin

South Korean Government to Auction $540k in Bitcoin

The South Korea government plans to auction 216 bitcoins that it confiscated during a 2016 criminal investigation.

Policy & regulation  ·  16 June 2017
Supply Chain

South Korean Conglomerate Launches Blockchain Logistics Service

A subsidiary of South Korean conglomerate SK Group has launched a new blockchain service focused on trade logistics.

Business  ·  16 May 2017
Central Banks

Bank of Korea: Costs Could Limit Cryptocurrency Use

Bank of Korea has published a new working paper that speculates on how a cryptocurrency economy would impact central banks.

Tech  ·  24 April 2017
Blockchain

Local Government in South Korea Taps Blockchain for Community Vote

A South Korean provincial government recently tapped technology developed by blockchain startup Blocko for a vote on community funding.

Tech  ·  7 March 2017
Banking

Korea’s Central Bank Considers ‘Supernode’ for Blockchain Oversight

The Bank of Korea has published research on issues it believes could hinder distributed ledger adoption, with a "supernode" being one solution.

Business  ·  28 December 2016
South Korea

Why 2017 Will Take Blockchain to New Heights

Coinplug CEO Ryan Uhr looks at how blockchain technology has fared in Korea over the last 12 months and makes some predictions for 2017.

Markets  ·  23 December 2016
Regulation

27 Financial Firms Form Korean Blockchain Consortium

A new blockchain consortium has been formed in South Korea, with both established finance firms and technology startups on its membership roster.

Policy & regulation  ·  12 December 2016