Saturday, December 15, 2018
Tags Korea

Tag: Korea

Bithumb said to sell 50% stake to BK Global Consortium

South Korea-based Bithumb has reportedly sold a 50 per cent stake to BK Global Consortium. Read more: fintech.global

Singapore’s crypto market is blooming

Dunamu, the parent company of Korea’s largest crypto exchange Upbit, announced the launch of Upbit Singapore, which will be fully operational by October. Read more: www.ccn.com

Korean mobile carrier rolls out cross-border payments

South Korea’s LG UPlus, a mobile carrier owned by the country’s large conglomerate LG, is launching a blockchain-based cross-carrier overseas payment service. Read more: www.thepaypers.com

LINE Corp launches new $10m digital token fund

Japan-based Line Corporation has launched a new investment division which will focus on backing blockchain startups. Read more: fintech.global

Korea’s Jeju Island seeks to become ICO hub despite ban

Korea's Jeju island is eyeing a plan to allow crypto projects to conduct initial coin offerings in the self-governing province despite a domestic ban. Read more: www.coindesk.com

Golden Equator, Korea Investment partner to raise SGD $120m fund to...

Singapore-based Golden Equator Capital and Korea Investment Partners (KIP) have teamed to raise a SGD $120m ($88m) fund to support Southeast Asian technology companies. Read more: fintech.global

Korean crypto giant Bithumb eyes Japan and Thailand for expansion

Bithumb is awaiting the approval of Japanese Financial Services Agency (FSA) and Thai Securities and Exchange Commission (SEC). Read more: www.ccn.com

Korea’s oldest mileage program may convert cash points to cryptos

The company behind OK Cashbag, the oldest mileage point program in South Korea, is mulling a plan to convert cash points into cryptocurrency. Read more: coindesk.com

Viva Republica closes $40m funding from GIC, Sequoia China

South Korean-based Viva Republica has secured $40m in funding from GIC and Sequoia China. Read more: fintech.global

Korean crypto exchange executives detained for embezzlement

South Korean authorities have reportedly detained four executives from two cryptocurrency exchanges in relation to the alleged embezzlement in the billions. Read more: www.ccn.com