South Korea Adopts Blockchain To Healthcare

South Korea adopts blockchain to healthcare. South Korea's government is making every effort to implement blockchain technology in various industries. The central bank of the country is reviewing the use of a...

Bithumb Plans to Go Public in South Korea: Report

Bithumb, a leading South Korean crypto exchange, is preparing to go public in its home country, the local news outlet MoneyToday reported on Wednesday. The crypto exchange’s operator Bithumb Korea also hired...

South Korea Appoints Legal Advisory to Study CBDC

South Korean central bank has appointed a legal advisory group to study the issues and the feasibility of launching a central bank digital currency (CBDC). Announced on Monday, the six-member team includes t...

South Korea To Start Taxing Bitcoin Profits In 2021

South Korea to start taxing bitcoin profits in 2021. South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. South Korea’s Ministry of...

Bithumb Reports $30.5 Million in Profit for 2019

Bithumb, a leading South Korean crypto exchange, has reported a net profit of 37.2 billion won (around $30.5 million) for 2019. Announced on Tuesday, this is a major relief for the exchange giant following i...

South Korean Central Bank Launches CBDC Pilot Program

The Bank of Korea announced on Monday the launch of a pilot program for a central bank digital currency (CBDC). Though the central bank has no plans to launch the digital version of the won, with the pilot i...