Major Korean Banks Join Government-Backed Blockchain ID Initiative
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.
A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements.
Bithumb plans to launch a native token on top of its namesake blockchain next year.
Kakao's in-development wallet for its "klay" cryptocurrency will support dapps and tokens based on the firm's blockchain tech. The bad news is the launch has been delayed.
Binance may have taken another step toward launching a crypto exchange arm in South Korea, according to a new business registration.
The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding.