Korea

Samsung and Bank of Korea Collaborate to Explore Offline Central Bank Digital Currency for Seamless Transactions

Samsung is exploring the possibility of creating a digital currency in cooperation with the Bank of Korea, the central bank of South Korea. In...

South Korea Aims to Put Trade Finance on the Blockchain by 2021

Trade finance in Korea is headed to the blockchain according to a CoinDesk Korea story and other local press reports. The transition could be completed by...

North Korea Is Currently Developing Its Own Cryptocurrency

North Korea is building up its own national computerized cash. The pattern pursues a significant rundown of different nations, prevalently in Asia and the...

Cryptocurrency Exchange OKEx Korea Delists Privacy Coins

The exchange support for the five coins will end on Oct. 10, while withdrawal administrations will stop on Dec. 10, OKEx Korea declared Monday....

ICOs Still Forbidden as Korea Designates “Blockchain Special Zone” in Busan

Korea’s central government has designated port city Busan as a “special free zone” for the development of blockchain technology (encrypted and distributed databases), but...

S. Korea battles a “beehive account” boom

South Korea is abuzz about “beehive accounts”—complicated, umbrella accounts that are run by small crypto exchanges to mask the identity of individual traders. ...

South Korea Taps the Power of the Blockchain

South Korea’s Ministry of Foreign Affairs has declared a blockchain pilot that will mean to check the validity of the legally approved money-related power...

North Korea Exploits Southeast Asian Cryptocurrency Exchanges

North Korea could represent a danger to nations over Southeast Asia as it hopes to misuse digital currency trades because of loopholes in administrative...

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Odysee Announces Shift to Arweave, Aiming for Full Decentralization

Odysee is partnering with Arweave for decentralized data storage. The move aims to make Odysee more creator-centric and censorship-resistant. A Decentralised...

WazirX Halts Deposits and Withdrawals Following Massive $235M Hack

Cryptocurrency exchange WazirX has stopped processing deposits and withdrawals after suffering a $235 million hacker attack.

New Financial Systems: Surveillance and Tokenization Threaten Inclusion

The new financial governance system promises inclusion but raises serious exclusion fears. Digital IDs and blockchain technology could lead to...

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