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Places South Korea

Up-to-date coverage on crypto trends, regulations, and innovations from South Korea

South Korean academics say Bitcoin a “risky but rewarding” investment even as financial markets turn into a casino

Global turmoil in financial markets is leading to some touting Bitcoin as a possible alternative investment, eleven years after the pioneer was developed. But South Korean academics remain unconvinced — they recognize Bitcoin turning into a hedge, but say it remains “dangerous” if volatility reappears. Bitcoin good, but risky Professor Hong Ki-hoon of Hongik University, […]

South Korean academics say Bitcoin a “risky but rewarding” investment even as financial markets turn into a casino

ICON, South Korea’s biggest crypto project, enables cross-chain interoperability

South Korea’s ICON, regarded by some as the country’s biggest cryptocurrency project, launched a significant update for its protocol earlier this week. The development marks an important step towards the project’s “hyperconnect the world” catchphrase. Interoperability benefits As detailed in a blog post, the Blockchain Transmission Protocol (BTP) enables interoperability between different blockchains, helping inter-project […]

ICON, South Korea’s biggest crypto project, enables cross-chain interoperability

China, Korea, and Australia introduce blockchain and digital currency curricula to boost employment potential

Three major powers are betting on the long-term potential of cryptocurrencies, digital currencies, and blockchain. In separate developments, schools and publishers in Korea, China, and Australia introduced blockchain and digital currency-related coursework for graduates and government officials, guided by narratives of future opportunities and concerns of potential unemployment. Australia’s RMIT offers blockchain course On May […]

China, Korea, and Australia introduce blockchain and digital currency curricula to boost employment potential

“Concerned” by Chinese influence, ICON founder reveals South Korea is mulling a $400 million blockchain fund

South Korea’s fascination with blockchain and cryptocurrency seemingly grows stronger each day. The country is among the few global powers to have embraced and made regulations for the controlled rise and introduction of digital currencies. Now, there might be greater plans in the mix, if a recent development, buoyed by Chinese progress in blockchain systems, […]

“Concerned” by Chinese influence, ICON founder reveals South Korea is mulling a $400 million blockchain fund

Cardano’s venture arm partners with Korean trade associations to drive adoption

Cardano’s official commercial and venture arm, Emurgo, signed a memorandum of understanding with two government-approved trade associations in Korea. The partnerships will focus on implementing Cardano for Korean digital content and mobile gaming. Emurgo enters the Korean market Cardano adoption continues to grow in Asia. The company’s official partner and commercial arm, Emurgo, partnered with […]

Cardano’s venture arm partners with Korean trade associations to drive adoption