South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot

The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.

South Korean Crypto Exchange Coinbit Raided Over Allegations of Wash Trading: Report

South Korea's third-largest crypto exchange has reportedly been raided by police over allegations it faked trading volume.

South Korean Government Proposes Tough New 22% Tax on Crypto Trading

Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal.

South Korean Government Turns to Blockchain Tech to More Securely Store Clinical Diabetes Data

The government has asked startup Sendsquare to develop a proof-of-concept blockchain registry to help analyze, anonymize and store clinical diabetes data.

South Korean Soccer League Tokenizes Players for Fantasy Football Game

A new licensing agreement between the South Korean soccer league and Sorare will bring on over 400 K League players on to the fantasy soccer platform.

North Korean Hackers Ramp Up Efforts to Steal Crypto Amid Coronavirus Pandemic

Notorious hacking group Lazarus is said to be increasing its efforts to steal cryptocurrency from traders and industry professionals during the COVID-19 crisis.

South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations

The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up.

Alleged Mastermind of Sex Abuse Chatrooms Hid Payments With Privacy Coin Monero

The 25-year-old used the cryptocurrency monero to obfuscate payments for abusive sexual material, according to a CoinDesk Korea investigation.

Bithumb Taps Chainalysis for FATF-Grade Crypto Investigation Tool

The Bithumb exchange is tapping investigative tools offered by Chainalysis just a week after South Korea voted for tough new laws around the space.