Korea Asset Management Corporation Archives

S. Korean Gov’t to Publicly Embrace Cryptocurrencies

SEOUL, Jul. 4 (Korea Bizwire) — The South Korean government is accelerating its efforts to embrace the use of cryptocurrencies typified by bitcoin in the public sector, amid growing demand for digital assets that could replace physical money in the future. Lawmaker Park Yong-jin, a member of South Korea’s ruling Democratic Party, announced on Sunday plans [...]

Government to Inspect National Properties Using Drones

SEOUL, Sept. 2 (Korea Bizwire) – The South Korean government will deploy drones to investigate national properties scattered at 5.4 million locations nationwide. The Ministry of Strategy and Finance announced plans on September 1 to properly manage the country’s national properties. By deploying drones and leveraging spatial geographic information, which is more accurate and advanced than aerial [...]