South Korean Fintechs Are Creating a Blockchain for Trading OTC Securities
A blockchain platform for the trading of unlisted securities is being developed in South Korea, according to a report in the Chosun Ilbo. The goal is to…
Tag: South Korea
Breaking: South Korea Reveals Plans to Tax ICOs, Cryptocurrencies
The government of South Korea is reportedly planning on taxing initial coin offerings (ICOs) and cryptocurrencies, according to a document submitted by finance minister nominee…
Hodler’s Digest, September 2-9: Goldman Sachs Says ‘No Thanks’ to Crypto Trading Desk, While India Sends Officials to ‘Crypto College’
Top Stories This Week Business Insider: Goldman Sachs Scraps Crypto Trading Desk Plans Goldman Sachs Group Inc. is halting its plans to open a cryptocurrency trading desk,…
South Korean eCommerce Startup Raises $32 Million to Create Crypto Stablecoin
South Korea e-commerce marketplace Ticket Monster (TMON) revealed it had closed a $32 million funding round for its new stablecoin Terra in a press release Wednesday, August 29. TMON, which…
Bitcoin May End the Year “Explosively Higher,” Says Bitcoin Bull Tom Lee
Tom Lee, co-founder of Fundstrat Global Advisors and a well-known bitcoin bull, has recently argued a relatively unknown correlation between bitcoin and emerging markets may…
Blockchain Among Targets of South Korea’s $4.4 Billion Domestic Investment Plans for 2019
South Korea announced it would “nurture” eight sectors of the domestic economy, including blockchain, by investing 5 trillion won (about $4.4 billion) next year, local media outlet…
South Korea’s Top Financial Watchdog Joins Probe Into Cryptocurrency Exchanges
South Korea’s top financial regulator the Financial Services Commission (FSC) joined the ongoing probe into local cryptocurrency exchanges Sunday, May 13. The FSC will now be taking part in the…
Cryptocurrency Market Loses $50 Billion as South Korean Exchange Is Suspected of Fraud
The cryptocurrency market turned upside down on Friday, having lost about $50 billion market capitalization overnight. With the exception of only Augur, Nuls, and Tether,…
South Korean Startups Push for Blockchain Adoption in Medical Sector
Blockchain technology can make a big impact in various industries. Outside of the financial sector, a few options are being explored right now. The medical industry,…
Crypto Exchange CEO Runs For Mayor Of Taipei To Make It Asia’s ‘Pioneer Blockchain City’
CEO of major over-the-counter (OTC) crypto exchange OTCBTC and Facebook hackathon winner Yi-Ting Cheng (better known as xdite) has announced that she is running for…