South Korea

Regulation

South Korea is Debating New Bitcoin Exchange Rules

Financial regulators in South Korea are looking to introduce new regulations for digital currency exchanges by early next year.

Policy & regulation  ·  18 November 2016
Banking

Korea Exchange Launches Blockchain-Powered Private Market

The Korea Exchange, South Korea’s sole securities exchange operator, has launched a new service that utilizes blockchain technology.

Business  ·  16 November 2016
Japan

Gemini Expands Bitcoin and Ether Exchange to New Asian Markets

Digital currency exchange Gemini announced yesterday that it is opening its services to traders in South Korea and Japan.

Markets  ·  8 November 2016
Regulation

Singapore Central Bank Inks Blockchain Deals With India, South Korea

It’s been a busy week on the blockchain front for Singapore’s central bank.

Policy & regulation  ·  26 October 2016
Banking

Korean Credit Card Giant to Integrate Blockchain Identity Service

South Korea’s largest credit card company is set to use a blockchain identity solution developed by local bitcoin startup Coinplug.

Business  ·  17 October 2016
Circle

Korean Bank Partners With Bitcoin Startup Circle

One of South Korea’s largest banks has inked an agreement with the best funded startup working in the bitcoin space. KB Kookmin announced the signing of a memorandum of understanding with bitcoin payments startup Circle, as well as local startup Coinplug, today. Coinplug, which is based in South Korea, was previously revealed to be working with […]

Business  ·  27 July 2016
Venture Capital

Samsung SDS Invests in Blockchain Startup

An information technology affiliate of Samsung announced today that it has invested in a blockchain startup.

Business  ·  14 July 2016
Exchanges

Korea Exchange Talks Top-Down Approach to Blockchain Innovation

The Korea Exchange opens up about its strategy on blockchain tech and why it is investigating how it could be used to open new markets.

Business  ·  12 May 2016
Startups

Korea’s Securities Exchange Developing Blockchain Trading System

The Korea Exchange, South Korea’s lone securities exchange, is reportedly moving to create an over-the-counter trading platform using blockchain.

Business  ·  29 February 2016
South Korea

One of South Korea’s Biggest Banks is Developing Blockchain Remittances

South Korea's KB Kookmin Bank is developing a blockchain remittance solution with the aim of ushering in "safer and faster" foreign exchange services.

Markets  ·  12 February 2016
Central Bank

South Korea’s Central Bank Encouraged to Explore Blockchain Tech

A new report undertaken by the Bank of Korea has recommended that the central bank should pay close attention to blockchain technology.

Markets  ·  2 February 2016
Venture Capital

South Korea’s Shinhan Bank Backs Blockchain Startup’s $2 Million Round

South Korean blockchain remittance provider Streami has closed a $2m seed round that included funding from Shinhan Bank.

Business  ·  24 December 2015
Venture Capital

Bitcoin Company Coinplug Raises $5 Million in Funding

South Korean bitcoin services company Coinplug has closed a $5m Series B funding round.

Business  ·  2 October 2015
Exchanges

Coinplug Wins $45,000 Prize for Blockchain ID Service

Korea's Coinplug has won a mainstream fintech award for its blockchain-based user authentication system, one that offers significant benefits.

Business  ·  25 June 2015
Exchanges

South Korea’s First Multisig Bitcoin Wallet Launches

Coinone has become the first bitcoin exchange in South Korea to launch a multi-signature wallet, using BitGo’s API. In a statement, Coinone CEO Myunghun Cha said it was time for exchanges to provide the “equal level of safety and control” as multi-sig wallet providers. He continued: “We decided that multi-sig technology from BitGo was the […]

Markets  ·  14 April 2015