Latest news about: South Korea

South Korea plans to create their own “Cryptocurrency valley”

South Korea plans to create their own “Cryptocurrency valley”

South Korea announced plans to create a blockchain center in Busan, built on the model of the Swiss Cryptocoryne. At a recent blockchain conference in Seoul “2018 Global Blockchain Conference” the Chairman of the Korean Association of financial convergence About Jung-kung said the intent of the organization to build the equivalent of “Cryptocoryne” located in… More

Miners ready on all for the sake of cheap electricity

Miners ready on all for the sake of cheap electricity

We have already reported about the cases in Russia and Ukraine, when the police found mining farm in the most unexpected places, for example, on the territory of state-owned enterprises. This time 14 people from 13 different companies were arrested in South Korea for illegal use of cheap power for the mining of cryptocurrencies in… More

Cryptocurrency exchange Huobi officially launched in South Korea

Cryptocurrency exchange Huobi officially launched in South Korea

Chinese cryptocurrency exchange Huobi officially launched in South Korea. The exchange has established the investor protection Fund and a special program for compensation of any losses that have occurred through no fault of the users. March 30, Huobi Korea, a subsidiary of Beijing Huobi, has announced the official launch of the Korea: “On Huobi Korea… More

Seoul will have its own cryptocurrency

Seoul will have its own cryptocurrency

Local newspaper Hankyoreh reported that Park Won-soon, mayor of Seoul announced its intention to launch its own crypto currency and create a more favorable environment for the development of projects blockchain and digital currency in the capital of South Korea. Park made a public announcement on March 22, and stated that his intention includes the… More

40% of the young population of South Korea is interested in cryptocurrency

40% of the young population of South Korea is interested in cryptocurrency

The Korean Central Bank (BOK) published the results of a nationwide survey on the attitude of the inhabitants of the country cryptocurrencies. 011 interviewed 25 people from different regions of the country aged 19 years and older. In Korea Times reported on the results of this poll: “40% of young people want to own cryptocurrencies…. More