Categories
Government South Korea

South Korean telecom launches blockchain wallet for official documents

South Korea’s SK Telecom is issuing a blockchain solution for the storage and management of government certificates. The South Korean telecom giant SK Telecom has announced it will issue its first digital wallet for blockchain-powered digital certificate storage and management with the approval of the Ministry of Public Administration and Security.According to NewsTomato, SK’s Wallet […]

Categories
cryptocurrencies Regulation South Korea Taxes

Korean blockchain lobby calls for crypto tax plan to be put on ice

The Korea Blockchain Association wants the government to postpone the implementation of its new tax framework until 2023. The Korea Blockchain Association has called for the government’s new 20% crypto trading tax plan to be delayed for another two years.According to an Oct. 14 report from News1 Korea, the Korea Blockchain Association, or KBA, is […]

Categories
Adoption Blockchain South Korea technology

A Gov official in South Korea proposed the nation’s first blockchain voting platform

This region in South Korea may adopt a blockchain voting system. On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country.According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s most […]