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Cryptocurrency News
North Korea Set Up a Blockchain Firm to Launder Cash: UN
North Korea has been using a Hong Kong-based blockchain company to launder money, according to a quarterly report from the…
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Cryptocurrency News
Developed Countries Have Little Need for CBDCs, Says Bank of Korea Official
The Bank of Korea has again poured cold water on the idea of adopting a central bank digital currency (CBDC),…
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Cryptocurrency News
Korean Government to Back Blockchain Startups With $9 Million Fund in 2020
The Korea Internet Security Agency (KISA) will be supporting blockchain-related projects in 2020 with 10.5 billion won, about $9.0 million, in…
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Cryptocurrency News
Major Korean Banks Join Government-Backed Blockchain ID Initiative
Four more major institutions including the Shinhan and NH Nonghyup banks have joined a South Korean decentralized identity initiative that’s…
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Cryptocurrency News
Former Credit Agency Staffers Form Korean Blockchain Rating Firm
Korea Blockchain Evaluation, a company that issues ratings on blockchain projects, began operations on Sept. 25, according to a report…
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Cryptocurrency News
North Korea Plans Bitcoin-Like Cryptocurrency to Sidestep Sanctions
North Korea is working on building its own cryptocurrency to get around the tough international sanctions. Development is apparently still in…
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Cryptocurrency News
US Sanctions Three Alleged Crypto Hacking Groups from North Korea
The U.S. has sanctioned three North Korean entities for cyber crimes, mentioning cryptocurrency thefts as one of the reasons for…
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