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Shinhan bank Opens Door to Corporate Crypto Accounts, Paving the Way for Institutional Adoption
south korea

Shinhan bank Opens Door to Corporate Crypto Accounts, Paving the Way for Institutional Adoption

As the first domestic lender on South Korean soil, Shinhan Bank has rolled out real-name corporate accounts to enable transactions from cash to crypto based on its partnership with cryptocurrency exchange Korbit.

Korea's Financial Services Commission Officials Mandated to Declare their Crypto Holdings
south korea

Korea's Financial Services Commission Officials Mandated to Declare their Crypto Holdings

Korea's Financial Services Commission employees are to report their digital currency holdings by May 7, as there have been concerns about insider information.

South Korea Probes OKX for Unregistered Operations
south korea

South Korea Probes OKX for Unregistered Operations

South Korean financial authorities are investigating OKX, a cryptocurrency exchange, for potentially operating without proper registration, following allegations from the Digital Asset Exchange Association.

Prosecutors Raid Crypto Exchanges amid Terra Probe: Report
south korea

Prosecutors Raid Crypto Exchanges amid Terra Probe: Report

South Korean regulators have reportedly raided entities that are connected with Terraform Labs as another effort in the ongoing investigation of the case.

Solana Launches $100m Web3.0 Fund for South Korean Startups
south korea

Solana Launches $100m Web3.0 Fund for South Korean Startups

Layer-1 blockchain protocol Solana has launched a $100 million fund to back startups in the South Korea Web3.0 ecosystem through its subsidiaries Solana Ventures and Solana Foundation.

South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations
south korea

South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations

South Korean gaming firm Wemade faces a $41 million tax bill for its crypto operations, highlighting the complexities of regulatory compliance in the blockchain gaming industry.

South Korean Hospitals to Usher in New Healthcare Era Using Blockchain Technology, AI and Big Data
south korea

South Korean Hospitals to Usher in New Healthcare Era Using Blockchain Technology, AI and Big Data

South Korean hospitals intend to set the ball rolling in ushering in a new healthcare era using industry 4.0 technology like blockchain, artificial intelligence (AI), and big data.

South Korean University to Present NFT Certificates for Graduates
south korea

South Korean University to Present NFT Certificates for Graduates

Sungkyunkwan University (SKKU), a top private university in Suwon, South Korea, seeks to present NFT certificates to three excellent graduates at the graduation ceremony.

South Korea's Banking Association Cautions Against Growing Altcoin Influence
south korea

South Korea's Banking Association Cautions Against Growing Altcoin Influence

The Korea Federation of Banks wants its members to keep track of altcoins that trade on crypto exchanges.

LG Electronics Expands Business in terms of Blockchain Technology & Crypto
south korea

LG Electronics Expands Business in terms of Blockchain Technology & Crypto

As part of its expansion plan beyond home appliances, South Korean tech giant LG Electronics intends to add blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter.

S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs
south korea

S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs

Hybe, one of S. Korea's top K-pop management agencies, is planning to expand its marketplace for NFTs by collaborating with celebrities not managed by the firm.

South Korean Political Parties Woo Voters with Crypto-Friendly Policies
south korea

South Korean Political Parties Woo Voters with Crypto-Friendly Policies

South Korea's major political parties unveil crypto incentives, with the Democratic Party eyeing ETF liberalization and the People's Power Party proposing a tax delay on digital assets.

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