South Korea Progresses With CBDC, Plans to Distribute Digital Won in 2021
South Korea aims to enter the arena of Central Bank Digital Currency (CBDC) as a serious contender, planning to distribute its Digital Won as soon as
South Korea aims to enter the arena of Central Bank Digital Currency (CBDC) as a serious contender, planning to distribute its Digital Won as soon as
Sendsquare announced that the National IT Industry Promotion Agency (NIPA) of the Korean government had chosen it for a blockchain-based clinical project. The project is aimed
Blockchain analysis company Chainalysis has announced that Bithumb, a leading South Korean cryptocurrency exchange, has deployed its investigation software Chainalysis Reactor to its platform to look
As crypto regulators across the globe rush to impose recommendations brought forth by the Financial Action Task Force (FATF), for South Korea, its FIU plans to
Leading South Korean credit card company Shinhan Card, an affiliate of Shinhan Financial Group has launched a self-described “world-first” blockchain payments system that will work similarly
As part of its smart city initiative, the Ministry of transportation in Seoul South Korea has awarded Graph Blockchain firm a contract develop and run a
South Korea Defense Acquisition Program Administration (DAPA) has just rolled out a trial blockchain solution to help in managing its operations. DAPA is responsible for handling
In the Asian continent, the positions regarding blockchain technology and cryptography have been particularly strong. From permissive official positions like those of Japan, Thailand or Singapore,
South Korea remains firm in its negative stance towards allowing Initial Coin Offering (ICOs) in the national territory.
Initial Coin Offering (ICO) has continued to prove a viable alternative to traditional startup fundraising methods as recent events in South Korea show.
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