South Korea | ForkLog

ForkLog 45 13.08.2021

Binance bans use of the South Korean won on its platform

The cryptocurrency exchange Binance has banned customers from using the South Korean won in transactions on its platform. The restrictions apply to trading, P2P trades, and deposit payments.

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ForkLog 22 12.08.2021

Ripple and GME Remittance to accelerate remittance transfers between South Korea and Thailand

One of the largest non-bank money-transfer providers in South Korea, Global Money Express Co. Ltd (GME Remittance), has joined RippleNet.

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ForkLog 17 01.08.2021

Media: South Korea’s financial regulator to halt operations of 11 Bitcoin exchanges

The Financial Services Commission (FSC) of South Korea has accused a number of local cryptocurrency exchanges of engaging in illicit activity.

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ForkLog 8 26.07.2021

South Korea to Tighten Rules on Cryptocurrency Confiscation

South Korean lawmakers proposed confiscating cryptocurrencies from digital wallets of tax dodgers. Reuters, citing the Ministry of Finance.

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ForkLog 20 12.07.2021

Media: Bank of Korea receives three bids to participate in CBDC launch

The Bank of Korea announced preliminary results of selecting a technical partner to launch the national digital currency (CBDC), according to Yonhap.

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ForkLog 11 12.07.2021

Media: South Korea’s Woori Bank to offer custody of digital assets

One of South Korea's largest banks, Woori Bank, in collaboration with a blockchain solutions provider and the Coinplug cryptocurrency exchange, will offer clients custody of cryptocurrencies. Korea Economic Daily reports this.

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ForkLog 13 09.07.2021

In South Korea, students earn digital currency for visiting the toilet

Ulsan National Institute of Science and Technology uses feces to generate electricity. For each visit to the toilet, students are paid the digital currency Ggool.

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ForkLog 26 07.07.2021

South Korea identifies participants in illegal cryptocurrency transactions worth $1.48 billion

The Korea Customs Service of South Korea identified 33 people in two months who carried out illegal cross-border cryptocurrency-related transactions totaling more than 1.69 trillion won ($1.48 billion). The Korea Times reports.

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ForkLog 13 02.07.2021

Bithumb to ban employees from trading cryptocurrencies on the exchange

South Korean cryptocurrency exchange Bithumb will bar its employees from using accounts on the platform to trade digital assets. The company said this in a statement.

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ForkLog 23 01.07.2021

Seoul to deploy AI to detect potential suicides on bridges

Authorities of the South Korean capital, in partnership with Seoul Institute of Technology, will embed artificial intelligence in the city’s surveillance system to detect and prevent suicide attempts on its bridges.

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ForkLog 14 28.06.2021

Media: Bitcoin exchanges accuse South Korean authorities of shirking duties

South Korean cryptocurrency exchanges may sue the government. Industry representatives say that authorities and financial regulators are shirking their duties, according to Business Korea.

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ForkLog 20 23.06.2021

Upbit bitcoin exchange accused of patent infringement

One of the largest cryptocurrency exchanges in South Korea, Upbit, faces a lawsuit from a university foundation over alleged intellectual property infringement. Forkast.News reports.

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#South Korea