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FacePhi receives €200,000 to support launch in South Korea

FacePhi Biometrics has received a €200,000 investment from COFIDES to help strengthen its implementation in South Korea.

ICONLOOP has received its first venture capital investment

ICONLOOP, a decentralized ledger solution for digital identity, has received its first venture capital investment.

The way cryptocurrency exchanges are regulated in South Korea is about...

South Korea’s Financial Services commission has announced plans to change how it regulates the country’s cryptocurrency exchanges.

South Korea launches financial regulatory sandbox

South Korea’s Financial Services Commission (FSC) has launched its financial regulatory sandbox.

Four South Korean crypto exchanges partner to combat money laundering

South Korean cryptocurrency exchanges Coin One, Upbit, Cobit and Bitsum have teamed together to combat money laundering.

Korea’s FSC to prioritise FinTech innovation for 2019

Korea’s Financial Services Commission (FSC) has prioritised FinTech innovation for 2019 after the country has established the ‘groundwork’ with regulatory, budgetary and institutional support.

Line acquires cybersecurity startup GrayHash

South Korean messaging app Line Plus has acquired cybersecurity company GrayHash.

South Korean banks to use blockchain-based ID verification

South Korea is reportedly launching a new blockchain-based ID verification system for domestic commercial banks.

South Korea regulator to soften stance on cryptocurrencies

South Korea’s financial regulator is reportedly softening its stance on cryptocurrency trading, weeks after mulling a ban.

PayPal backs South Korean P2P app maker Viva Republic

Viva Republic has picked up $48m in Series C round that saw participation from PayPal. Viva Republic is the parent company of South Korean peer-to-peer payments app Toss.
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