Korean tech & startup news
June 2021 tech news from Korea
June’s tech headlines from South Korea covered areas and subjects including: anonymous messaging apps for employees; taxation on cryptocurrency ownership in Korea; Braille tablet PCs for the visually-impaired; online English tutoring platform news and more.
Hit the headlines below to read each Korean tech news item in full, online, free.
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- South Korea: Seoul Fintech Lab partners F10 to bring fintech and insurance-tech accelerator program to South Korea
- South Korea: Woori Financial Group selects 17 tech startups across 7 sectors for Dinno Lab incubator program, working in blockchain, e-commerce and more
- South Korea’s Seoul Global Startup Centre launches Global Bootcamp 2021, connecting 7 startups with accelerators, mentors and more to access international markets
- South Korea: Residents to be required to pay tax on crypto assets held in overseas exchanges, starting January 2022
- South Korea: Ringle raises $18M Series A with one-on-one English tutoring platform, with plans to for offline education spaces in South Korea and the US
- South Korea: Startup applications for the 2021 K-Startup Grand Challenge program close June 15th
- South Korea’s Dot startup picked as sole supplier of Braille tablet PCs for visually impaired students in the US, signing exclusive contract with Dept of Education
- South Korea: Banks to be required to ensure virtual currency exchange clients are classified as high-risk, subject to transaction monitoring and user ID verification
- North Korean hacking group believed to have breached security of South Korea nuclear research institute, potentially South Korea’s most significant security breach
- South Korea: 7 startups set to showcase on June 24th, graduating from Seoul Global Startup Center and beSUCCESS Media group’s SGSC 2021 Global Bootcamp
- South Korea: Gov’t revokes authorizations for 224 Hikvision products over faked test reports, forcing Hikvision to withdraw products for at least one year
- South Korea: Wanted Lab HR tech firm sets sights on August IPO with AI-driven referral and rewards-based recruitment platform
- South Korea: Over $47M in bitcoin, ethereum and other crypto assets were confiscated from 12K people accused of tax evasion following months-long probe
- South Korea: Blind, an employee-focused anonymous messaging app, proves influential in company policy changes, boosting fairness in pay, airing grievances and more
- South Korea: A brief overview of the P4G Entrepreneurs and SMEs Challenge, under the Partnering for Green Growth and the Global Goals 2030 event recently held
- “…lack of global safeguards, low-cost and low-risk with potentially high yield makes cybercrime a natural choice for North Korean regime…a new model of state-sponsored cybercrime”
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