Korea

South Korea to Allow Corporate Crypto Trading in Phased Rollout, Financial Firms Still Restricted

South Korea will allow corporates to trade cryptocurrencies in a phased approach starting with non-profits and universities in H1 2024. Listed companies must have minimum...

South Korea’s Sogang University AI Lab Adopts Theta EdgeCloud for Advanced Language Research

Sogang University's Language & Data Intelligence Laboratory becomes EdgeCloud's twentieth academic and enterprise customer. The partnership expands Theta's academic network in South Korea, joining institutions...

South Korea’s Martial Law Halts Crypto Reforms, STO Plans Pushed to 2025

South Korea's martial law declaration halts crypto sector reforms until political crisis resolves. Securities token offerings and corporate crypto accounts implementation delayed indefinitely. Crypto taxation postponed...

The AI Lab Partners with Theta EdgeCloud to Power AI Education in South Korea

The AI Lab, a South Korean e-learning provider, signs multi-year agreement to use Theta EdgeCloud's GPU resources Partnership targets $500 billion e-learning market, following recent...

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....

Latest news

Sonic V2.2 doubles smart contract size limits for developers

Sonic V2.2 doubles the maximum deployed contract size from 24 KiB to 48 KiB and initialization code from 48...

ByteDance Secures $29.6B Loan from 30 Banks for AI Push

TikTok parent ByteDance secured a $29.6 billion loan from nearly 30 Chinese and international banks, up from an initial...

Musk: Tesla IPO value was a thousandth of current value

Tesla stock fell roughly 6% on Friday after the Cybercab launch event in Austin disappointed investors expecting a wider...