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

Bank of Korea Concludes First Phase of CBDC Test
Bank of Korea Concludes First Phase of CBDC Test
January 24, 2022  |  CBDC

South Korea’s central bank has concluded the first phase of its test of a central bank digital currency (CBDC), CoinDesk reported Monday (Jan. 24). The...

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Apple Backs Alternate Payments System in South Korea
Apple Backs Alternate Payments System in South Korea
January 11, 2022  |  Apple

Apple plans to allow alternative payment systems in South Korea to put the tech giant in compliance with a law that took effect in September...

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Security Firm SK Shieldus Joins Car-Sharing Startup SOCAR in Filing for Korean IPOs
Security Firm SK Shieldus Joins Car-Sharing Startup SOCAR in Filing for Korean IPOs
January 06, 2022  |  IPO

Security solution provider SK Shieldus and car-sharing platform SOCAR have both filed initial paperwork for an initial public offering (IPO) on the main Korea Composite...

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South Korea Pushing off Cryptocurrency Tax to 2023
South Korea Pushing off Cryptocurrency Tax to 2023
November 30, 2021  |  Cryptocurrency

The South Korea Ministry of Economy and Finance said Tuesday (Nov. 30) that the country’s National Assembly passed a bill that will delay the taxation of capital...

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Coupang Grows Twice as Fast as Korean eCommerce Segment
Coupang Grows Twice as Fast as Korean eCommerce Segment
November 12, 2021  |  eCommerce

Asia-based eCommerce company Coupang, Inc. on Friday (Nov. 12) said its third-quarter net revenue for the period ending Sept. 30 was $4.6 billion, up 48%...

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Shares of S.Korea’s Kakao Pay Soar Over 150% on First Day of Trading
Shares of S.Korea’s Kakao Pay Soar Over 150% on First Day of Trading
November 03, 2021  |  IPO

South Korean mobile payments app Kakao Pay soared out of the starting gate, more than doubling in its first day of trading on the Seoul...

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Kakao Pay’s Seoul IPO Raises $1.3B at Top of Range
Kakao Pay’s Seoul IPO Raises $1.3B at Top of Range
October 22, 2021  |  IPO

South Korea’s biggest digital payments platform Kakao Pay raised $1.28 billion in an initial public offering (IPO) priced at the top of its range, according...

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Apple Could Face Probe in S. Korea Over Payment Rules 
Apple Could Face Probe in S. Korea Over Payment Rules 
October 15, 2021  |  Apple

Apple may be facing an investigation by the government of South Korea over whether the tech giant is truly complying with the nation’s new requirements...

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South Korea’s Kakao Pay Delays $1.3B IPO Over Regulatory Concerns
South Korea’s Kakao Pay Delays $1.3B IPO Over Regulatory Concerns
September 24, 2021  |  IPO

Growing concerns over regulatory issues prompted South Korea’s Kakao Pay to delay its planned $1.3 billion initial public offering (IPO), according to multiple reports on...

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