South Korea

Seoul to Implement Blockchain in Citizen Cards, the Mayor Reveals

The South Korean city of Seoul will implement blockchain technology in its citizen cards, Korean publication Queen.co.kr reports on May…

Secretariat Under UN Agreement to Reward Users for Climate Action With Crypto

A climate change initiative of the United Nations signed a Memorandum of Understanding (MoU) with blockchain firm W-Foundation to collaborate…

Major Crypto Exchange in Korea Shuts Down: 2018 Was a Nightmare for Most

The shutdown of Coinnest on April 18, one of the major crypto exchanges in South Korea, showcased the intense brutality…

Upbit Exchange Operator Plies $46 Million Into Blockchain in First Year of Investment

The parent company of South Korean cryptocurrency exchange Upbit has invested almost $50 million in blockchain startups since March 2018,…

Upbit Operator Dunamu Invested $46 Million in Blockchain Startups in Last Year

South Korean fintech firm Dunamu, operator of cryptocurrency exchange Upbit, says it invested 55 billion won ($46 million) in 26…

Samsung’s Budget Smartphones Will Reportedly Have Cryptocurrency and Blockchain Features

Budget smartphones released by South Korean consumer electronics giant Samsung will reportedly feature cryptocurrency and blockchain features, local English-language local…

HTC Debuts Smartphone In-Wallet ERC-20 Token Swaps

Consumer electronics giant High Tech Computer (HTC) is rolling out in-wallet cryptocurrency trading for users of its Exodus 1 smartphone,…

South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June

Ground X, the blockchain arm of South Korean internet giant Kakao Corp, has announced the launch date of its own…

Samsung SDS Includes Blockchain Within Digital Transformation Framework

The president and CEO of Samsung SDS — an IT and consultancy subsidiary of the South Korean tech conglomerate Samsung…

South Korea: Financial Regulator Authorizes 9 Fintech, Blockchain Firms for Trial Operations

The South Korean Financial Services Commission (FSC) has authorized nine fintech companies to operate in the country as part of…

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