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

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 Police Raid Bithumb Crypto Exchange For Second Time in BXA Token Fraud Case

South Korean Police Raid Bithumb Crypto Exchange For Second Time in BXA Token Fraud Case

Bithumb, the largest crypto exchange in Korea has been raided for a second time in five days by the South Korean police.

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

The US Treasury Department Office of Foreign Asset Control has sanctioned two men believed to involved in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange.

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

The South Korean administration might consider categorizing proceeds from cryptocurrency transactions as other income that is subjected to 20% tax, such as prize-winning or lottery.

Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site

Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site

Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.

US Department of Justice Shuts Down Pornography Site That Sells Child Pornography For Bitcoin

US Department of Justice Shuts Down Pornography Site That Sells Child Pornography For Bitcoin

A charge was brought upon a South Korean citizen named Jong Woo Son and other hundreds of individuals in different countries to have been operating the world's largest child sexual exploitation website by volume of content using bitcoin as a means of exchange.

South Korea Is Looking to Put Trade Finance on the Blockchain

South Korea Is Looking to Put Trade Finance on the Blockchain

The South Korean government wants all trade to be on the blockchain, Coindesk reports.

South Korea Plans to Postpone Cryptocurrency Tax Rule to January 2022

South Korea Plans to Postpone Cryptocurrency Tax Rule to January 2022

South Korea is planning to delay the implementation of its crypto income tax rules to January 2022, extending it from its previous time frame of October 2021.

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-powered driving licenses were made available as an option in South Korea in May.

South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges

South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges

South Korea’s Financial Services Commission (FSC) will ban privacy-centric digital assets or “dark coins” from exchanges as they present a high money laundering risk.

Klaytn Adds Huobi to Growing Blockchain Governance Council

Klaytn Adds Huobi to Growing Blockchain Governance Council

Klaytn has announced that Huobi has signed on as the latest member of its Governance Council for South Korean internet giant Kakao’s public blockchain project.

Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi

Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi

As interest mounts up toward the acquisition of Bithumb, Huobi Global is named as one of the favorite candidates to take up ownership of the exchange.

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