Korea

Central Banks Are Looking to Launch Their Own Cryptocurrencies Amidst the COVID-19 Pandemic
Apr 08, 2020 at 09:18
News
Central Banks Are Looking to Launch Their Own Cryptocurrencies Amidst the COVID-19 Pandemic
Talks about Central Bank Digital Currencies (CBDC) have been ongoing for a long time, however, we are seeing attempts at practical implementation only now as the coronavirus pandemic rages across the world.
The Bank of Korea Rolls Out a Pilot Program for Testing Digital Won
Apr 06, 2020 at 15:17
News
The Bank of Korea Rolls Out a Pilot Program for Testing Digital Won
On April 6, the Central Bank of Korea (BOK) announced it is planning to test the central bank digital currency (CBDC), a digital won. This new currency will be used for micro-payments first, and, if successful, we might see its wide adoption.
Hungary Quarantines Cash Amid COVID19 Threat, Cryptocurrency is the Medicine
Mar 14, 2020 at 11:16
News
Hungary Quarantines Cash Amid COVID19 Threat, Cryptocurrency is the Medicine
Banknotes have been quarantined to protect the Hungarian population, who are fond of cash, against coronavirus infection. The government borrowed a leaf from other countries using it around the world.
Blockchain Sees Various Response Services to Coronavirus
Mar 11, 2020 at 13:32
News
Blockchain Sees Various Response Services to Coronavirus
With Coronavirus spreading around the world, innovative technologies including cryptocurrency and distributed ledger tools are being used to fight this enemy. In addition to management through the use of distributed ledger technology (DLT), blockchain companies are also trying to calm down the disease through service launches and donations.
South Korea Parliament Passes a Law to Control Cryptocurrency Use
Mar 09, 2020 at 08:23
News
South Korea Parliament Passes a Law to Control Cryptocurrency Use
The South Korean Parliament has at long last passed another act that will see the nation's cryptocurrency market regulated by  a legitimate administrative rule.
Korea Passes Special Law on Cryptocurrency, What Will Change in the Future?
Mar 05, 2020 at 17:10
News
Korea Passes Special Law on Cryptocurrency, What Will Change in the Future?
As the Special Money Act passed the South Korean National Assembly's plenary session, the Enforcement Decree is in full force.
Blockchain Technology to Transform the Renewable Energy Sector in Korea
Feb 10, 2020 at 14:40
News
Blockchain Technology to Transform the Renewable Energy Sector in Korea
There is a blockchain-based project in Korea that combines distributed ledger technology (DLT) and renewable energy. This project is potentially able to solve problems and issues of the modern renewable energy industry.
South Korea to Allow Regulatory Sandboxes Related to Blockchain-based Overseas Remittances
Jan 31, 2020 at 14:02
News
South Korea to Allow Regulatory Sandboxes Related to Blockchain-based Overseas Remittances
The South Korean Ministry of Science, ICT and Communications intends to examine whether or not to allow regulatory sandboxes related to blockchain and distributed ledger technology (DLT)-based overseas remittances after the National Assembly Act (Special Act) on the reporting and use of certain financial transaction information passes the National Assembly.
Famous Lazarus Hackers Steal Cryptocurrency Via Telegram
Jan 10, 2020 at 11:09
News
Famous Lazarus Hackers Steal Cryptocurrency Via Telegram
Lazarus, a famous hacking group originating from North Korea, might be trying to steal Bitcoin and other digital currencies through Telegram. Previously, the hackers from this illustrious group have managed to crackdown a good number of cryptocurrency exchanges and run away with a huge amount of money, and other victim exchanges have declared their bankruptcy.
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