South Korea

South Korean Capital to Invest Over $1 Billion in Fintech and Blockchain Startups by 2022

The Seoul Metropolitan Government has announced plans to invest more than $1 billion in blockchain and fintech startups by 2022,…

South Korean Capital to Invest Over $1 Billion in Fintech, Blockchain Startups

The government of South Korea’s capital city has committed to invest 1.2 trillion won ($1.07 billion) by 2022 via an…

Hyundai Commercial Partners With IBM to Accelerate Blockchain Development

Hyundai Commercial — a financial services subsidiary of leading South Korean automobile manufacturer Hyundai — has announced a partnership with…

Messenger Giant Kakao Spent $57 Mln on New Tech, Including Blockchain, in Q4 2018

South Korean internet giant and messaging app operator Kakao Corp has published its Q4 2018 report that covers blockchain and…

South Korea’s Largest Telecom Company to Develop Local Crypto: Report

South Korea’s leading telecommunications company, KT Corporation, has been selected to develop a local cryptocurrency in the South Korean city…

Samsung SDS Reveals Blockchain Accelerator Tech Following Hyperledger Testing

The IT arm of South Korean tech giant Samsung announced it had developed technology to speed up blockchain transactions, the…

Localbitcoins Trade Surges in Latin America and East Asia

The peer-to-peer (P2P) markets saw a surge in trade activity this past week, with the Localbitcoins markets of five countries…

South Korea’s Largest Foreign Exchange Bank Files 46 Blockchain-Related Patents

South Korea’s largest foreign exchange bank — Korea Exchange Bank (KEB Hana Bank) —  has announced that it has filed…

South Korea’s Second Most Populous City Signs MoU With Blockchain Firm to Promote Fintech

The South Korean city of Busan has signed a Memorandum of Understanding (MoU) with blockchain company Hyundai Pay, according to…

Bithumb Partners With Blockchain VC Firm Nvelop to Launch Exchange in UAE: Report

South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The…

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