South Korea Welcomes KRW-Based Stablecoin KRWb

South Korean company BxB Inc. has announced the launch of KRWb, the world’s first 1:1 Korean won-backed stablecoin aimed at providing greater liquidity to cryptocurrency exchanges and global accessibility of value transfers into and out of South Korea. KRWb is a token issued against a safe deposit denominated in Korean […]

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South Korea: Authorities Nab Nine People for Dealing Drugs Using DarkCoin Cryptocurrency | BTCMANAGER

According to a report published by Finance Magnates, on December 25, 2018, South Korean authorities have arrested nine cybercriminals for orchestrating drug deals using cryptocurrencies.  Execute Illegal Transactions with DarkCoin On December 23, 2018, the Seoul Central District Prosecutors’ Office stated that the criminals arrested used the darknet and even […]

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South Korea to Develop Blockchain Voting System

One thing common to many countries in Southeast Asia is a corrupt voting system and often flawed democracies as a result. South Korea, being one of the leaders in the technology, is looking towards a blockchain based online voting platform that will alleviate such concerns. Korea’s Ministry of Science and […]

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Cindicator CEO Mike Brusov on Market Analytics

Cindicator is a hybrid intelligence market analytics platform where crowd wisdom meets artificial intelligence to generate market predictions and data. CEO and co-founder Mike Brusov sat down with Bitsonline in Seoul over a coffee to discuss the platform, its analytics, and Asian expansion plans. Also read: Growing Number of Exchanges Embrace […]

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Crypto Regulation Roundup: More Cryptocurrency Control Urged in South Korea and Thailand, France Plans to Ease Crypto Taxes | BTCMANAGER

South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent […]

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