The financial authorities in South Korea have been following a string of local cryptographic currency exchanges and the stock exchanges in the country are being reviewed by various institutions. The Financial Services Commission (FSC), the country's highest authority in terms of financial regulation, has also begun to examine South Korea-based cryptocurrency exchanges.
One...
The OmiseGo team is preparing to expand the business alliance with two financial institutions in South Korea. After Ripple (XRP) and EOS succeeded in making such moves, the Omisego team signed an agreement with Shinhan and Woori , two major South Korean banks. Both banks will work on Omisego's Blockchain to ease financial...
Oracle Corp., the second largest software company in the world, will offer blockchain-based products to its customers within the next two months.
President Thomas Kurian , head of the Oracle, explained that products built on decentralized ledger-based systems in Oracle's statement will meet with customers in the upcoming period.
The California-based company has...
According to a local news source, South Korea 's largest crypto exchange, UPbit, has reported that they have conducted an internal audit and there was not any evidence of fraud. A local news source, Naver quotes the CEO of the currency saying that UPbit's balance sheets are compatible with their wallets “100%”.
UPbit was investigated by financial regulators...
