Kakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore.
Kakao Corp News
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The Bank of Korea plans to select an operator to run a blockchain-based CBDC pilot next month that will test a digital won in various use cases.
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A private version of Klaytn is being developed in order to take part in South Korea's CBDC pilot to be launched later this year.
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Analysts in South Korea are predicting a significant share price increase for Kakao amid the current Bitcoin bull market.
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The boost may come down to the popularity of one specific token.
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The race for blockchain adoption is on in South Korea.
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Kakao’s KLAY token is now trading with a South Korea won pairing despite the country’s restrictions on ICOs.
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The 100k user milestone represents 2% of Kakao’s current user base in South Korea.
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The CEO of Kakao said that the Klaytn blockchain developed by its subsidiary Ground X is similar in operation to Facebook’s Libra network but more advanced.
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Cryptocurrency exchange Binance is joining the governance council of Klaytn, a blockchain project led by South Korean internet giant Kakao.
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Klay, the cryptocurrency of South Korean social messaging platform giant Kakao, will be listed on Upbit Indonesia tomorrow.
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A special edition of the new Galaxy Note 10 for the South Korean market will reward users with free KLAY tokens.
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Kakao’s blockchain arm Ground X is reportedly in talks with one Chinese and one South Korean exchange for listing its native coin Klay.
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South Korean internet giant Kakao Corp has launched a teaser page for its forthcoming cryptocurrency wallet, Klip.
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South Korean internet giant Kako has announced the release date of its blockchain platform.
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