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South Korea Govt Sells 2017 Confiscated Bitcoin For $10.8M

The South Korean government has reportedly sold off a sizeable amount of bitcoin (BTC) seized from operators of a pornographic…

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South Korea is Proposing A Tax on Profits From Crypto-Fiat Transactions

The South Korean Ministry of Strategy and Finance is proposing a tax on profits from crypto-fiat transactions, reported a local…

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ETH From UpBit’s 2019 Hack on the Move As Scammers Dump it on Different Exchanges

UpBit, a popular Korean exchange fell victim to one of the largest Ethereum hacks back in 2019 when hackers managed…

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Kakao’s Crypto Wallet Now Scheduled to Launch in Q1 2020

Leading South Korean internet company, Kakao will allow about 50 million active users of its chat application, KakaoTalk, to experience…

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Samsung SDS, QEDIT To Enhance Privacy on Nexledger Blockchain By Adding Zero-Knowledge Proofs

Samsung SDS, the technology subsidiary of the South Korean giant is boosting privacy on Nexledger, its business-grade blockchain. On November…

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Presidential Committee Commits to Giving Crypto a Legal Status in Korea

During the 4th industrial revolution, the Korean presidential committee urged the government to accord cryptocurrencies a legal status. The committee…

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Samsung Galaxy S10 Adds 3 Stablecoins To The List Of Supported Cryptos; TUSD, MRK and USDC

Korean electronics giant Samsung have just added 3 more cryptos to their list of supported digital assets. The new cons…

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South Korea Banking Firm Woori Financial Teams Up With Kakao’s Ground X To Create Blockchain

Two important South Korean companies have joined forces in order to develop a blockchain together. The Woori Financial Group has…

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