south korea

South Korea, an East Asian nation on the southern half of the Korean Peninsula, shares one of the world’s most heavily militarized borders with North Korea. It’s equally known for its green, hilly countryside dotted with cherry trees and centuries-old Buddhist temples, plus its coastal fishing villages, sub-tropical islands and high-tech cities such as Seoul, the capital.

Source: en.wikipedia.org

S Korea Arrests 3 in $3.4B Crypto Trading Scheme
S Korea Arrests 3 in $3.4B Crypto Trading Scheme
August 11, 2022  |  Cryptocurrency

Prosecutors in South Korea have arrested three people in an investigation into $3.4 billion in foreign exchange transactions that could be tied to illegal cryptocurrency...

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After 17-Month Slog, Coupang Sees Light at the End of the Losses
After 17-Month Slog, Coupang Sees Light at the End of the Losses
August 11, 2022  |  eCommerce

It’s hard to imagine that Coupang — often called “the Amazon of South Korea” — had its best day 17 months ago, when it briefly...

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PYMNTS Intelligence: Meeting the Challenges of the South Korean eCommerce Market
PYMNTS Intelligence: Meeting the Challenges of the South Korean eCommerce Market
August 03, 2022  |  Cross Border Commerce

South Korea has always been on the cutting edge of technology, giving rise to firms that have become household names such as Hyundai, LG and...

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Korean Team Develops Nanotech Health Monitoring Tattoo
Korean Team Develops Nanotech Health Monitoring Tattoo
August 02, 2022  |  Healthcare

Researchers in South Korea may have found a way to let patients receive a tattoo that alerts them to health issues. As Reuters reported Tuesday...

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South Korea’s Crypto ‘Kimchi Premium’ Suspected in $3.4B FX Investigation
South Korea’s Crypto ‘Kimchi Premium’ Suspected in $3.4B FX Investigation
July 28, 2022  |  Cryptocurrency

When people talk about illicit Korean cryptocurrency transactions, people tend to think of North Korean hackers stealing billions in bitcoin to fund the country’s nuclear...

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Worldpay, TossPayments Partner on South Korea eCommerce Expansion
Worldpay, TossPayments Partner on South Korea eCommerce Expansion
July 27, 2022  |  eCommerce

FinTech FIS announced in a Wednesday (July 27) press release that its Worldpay service is now available in the fast-growing South Korean market. Worldpay has...

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South Korea Is an eCommerce Eden for Those Fluent in Local Payments
South Korea Is an eCommerce Eden for Those Fluent in Local Payments
July 21, 2022  |  eCommerce

Among the most mobile-centric nations on earth, South Korea is a ripe opportunity for eCommerce merchants provided they learn the terrain — namely, payments localization....

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Delio Launches Korea’s First Crypto Bank
Delio Launches Korea’s First Crypto Bank
July 07, 2022  |  Cybersecurity

Delio, the first virtual asset service provider (VASP) in Korea has launched the country’s first cryptocurrency bank, offering money market deposit accounts (MMDA) that enable...

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Weekly TechREG EMEA: EU Agrees on Crypto Regulation With Strict Controls on Stablecoins; EU Banking Regulator Proposes Standard APIs To Boost Open Banking 
Weekly TechREG EMEA: EU Agrees on Crypto Regulation With Strict Controls on Stablecoins; EU Banking...
July 01, 2022  |  Regulation

This week the most notorious development in the TechREG space is the agreement reached by EU institutions on the scope of the regulation that will...

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