Sentences with phrase «korea blockchain industry»

More and more exchanges are agreeing to the terms by the Korea Blockchain Industry Association.

As mentioned above the regulation, identification of account users, and transparency efforts taken by the country's exchanges and the Korea Blockchain Industry Association would definitely benefit this market and increase the number of skeptical users in the future.

There are more than a dozen cryptocurrency exchanges in South Korea, according to Korea Blockchain Industry Association.

Not exact matches

South Korea will also develop ways to tax virtual currencies, led by the finance ministry, and should announce measures within the first half of the year to develop the blockchain industry, Hong said.

The Blockchain Industry Association estimates that there are more than a dozen cryptocurrency exchanges in South Korea that include Bithumb, Korbit, and Coinone.

The Korea Blockchain Association has proposed a self - regulatory framework for the South Korean cryptocurrency exchange industry.

Yu often travels to South Korea for work, yet he isn't concerned about local regulators potentially stifling the domestic blockchain industry.

If all goes well, then South Korean government may legalizing ICOs in no time so as to prevent the country's leading conglomerates from leaving South Korea to conduct ICOs, which may damage the local Blockchain and cryptocurrency industry.

«We expect a surge of blockchain adoption cases next year in a wide area of industries in South Korea, including banking, insurance, credit card businesses and the Internet of Things (IoT).»

The Korean Blockchain Industry Association, which is currently comprised of 33 of South Korea's cryptocurrency exchanges, stated that it is going to carry out evaluations of 21 participants, including major trading platforms Coinone, Bithumb, and Korbit.

SEOUL (Reuters)-- A better deal for South Korea's cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.

In order for Korea to become a leader in the blockchain industry, stable technological support and talent acquisition is mandatory.

However, the Russian Association of Cryptocurrency and Blockchain (RACIB) have teams with industry associations in Korea and China have come together to form the Eurasian Blockchain Association in order to sue the tech giants for collusion.

However, the Russian Association of Cryptocurrency and Blockchain (RACIB) have teams with industry associations in Korea and China have come together to