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South Korea on Tuesday released a system that prevents the sale of cryptocurrency in the country with anonymous accounts to avoid money laundering and other crimes at a time marked by the efforts of States to regulate these markets.
From Tuesday South Korean investors will not transact in their virtual wallets unless the name of their accounts cryptocurrency matches the name of the bank accounts to which they are associated, as explained at the time the Commission Financial Services (FSC).
Now called 'anonymous accounts' (those with false names or do not correspond to the bank account) that have been used for the purchase of cryptocurrency will be disabled, as he explained at the time the FSC said in a statement.
The rule also prevents foreigners from buying digital currency houses South Korean exchange is part of the efforts announced by the Seoul government to curb money laundering and excessive speculation which have warned experts in markets of cryptocurrency the country.
It is believed that about 3 of the 50 million South Koreans have invested in electronic foreign exchange market, especially in popular bitcoin coins and ether. The new rule requires operators to share cryptocurrency exchange with the banks themselves movements that make investors, which could allow the future to Seoul taxing these transactions.
The South Korean government has raised the possibility of taxing investors and even prohibits the sale of cryptocurrency.
Falls 3% the entry into vigour of the law comes the same day that the Japanese Finance Minister Taro Aso, has highlighted the need to make stronger controls on exchange after the apparent theft of cryptocurrency worth 430 million euros of an operator Tokyo last Friday.
This Tuesday, South Korean markets cryptocurrency as Bithumb sported an explanatory message about the new law on its homepage which reflected falls of around 3 percent of Bitcoin or ether against the dollar.
The fall can respond to the possibility that banks now refuse to associate accounts with houses small change to avoid violating the new law and accept only do so with the main sites of local exchange as Bithumb or Upbit.
Fuente: 20m
On the morning of Tuesday, January 22, 2018, a breakfast organized by the Spain-Korea Chamber of Commerce in collaboration with the Chamber of Commerce of the Dominican Republic in Spain took place at the Cremades & Calvo-Sotelo office.
The collection is composed of 37 woodcuts and printed on paper by hand, dating from 1990 to 2017, and offers an approach to Korean popular culture with the harmony of nature and man, also based on their own observations and the wisdom resulting from life, and inspired by Buddhist teachings, reflecting the current political and social situation in South Korea. With simple lines, points, and poems written in the illustrations, the works represent as a whole a very powerful visual impact on its viewers. In this sense his engravings go beyond the existing engravings.
During the days 17 to 21 of January, IFEMA hosted the FITUR 2018 International Tourism Fair, which takes place every year in Madrid. With just over two weeks until the start of the 2018 Pyeongchang Winter Olympics, next February 9, South Korea did not miss this mandatory appointment at FITUR.
On the occasion of the JJ. OO Winter Festival of PyeongChang 2018, Gangwon Province, to which the city of PyeongChang belongs, presents the "Gangwon International Biennial 2018" from February 3 to March 18, 2018 at the Green City Center in Gangneung, and coinciding with the period of the world sport event.
The Ambassador of the Republic of Korea, Hon. Mr. Hee-Kwon Park, soon concluding his mission in Spain, hosted on Monday 27th of November a dinner at his residence for the members of the Spanish-Korean Chamber of Commerce, of which he is Honorary President.
At the dinner, the Ambassador handed over to REPSOL the prize awarded by the Chamber to the Spanish company that most distinguished itself for its contribution towards the development of commercial relations between Spain and South Korea.
On November 21 and 22, the Asia Innova symposium will take place at the Palacio Cibeles in Madrid. Connecting Smart Cities between Asia and Europe, jointly organized by the Madrid City Council, the Ministry of Foreign Affairs and Cooperation and Casa Asia.
In February 2018, South Korea will host the Olympic and Paralympic Winter Games in PyeongChang. Under the slogan "Passion, Connected", almost 3,650 athletes from all over the world will offer us the best of themselves. And 22,400 volunteers, chosen from more than 90,000 candidates, will contribute to the good development of the Games and offer their full support to the participants.
These PyeongChang Games will be for everyone a symbol of peace and harmony. Although the Korean Peninsula has been divided for more than 60 years, both sides have always cooperated with sportsmanship in the celebration of sporting events. As it shows, this year, North Korea has participated in ice hockey and taekwondo competitions held in South Korea. And the representative of North Korea at the IOC has recently stressed that "politics is one thing, and the Olympic Games, a different one".
Bringing the organization of such an important event to Korea has not been an easy task. It has taken thirteen years, two unsuccessful attempts for the candidacy and a choir of two thousand and eighteen citizens acting for the IOC Evaluation Commission to finally make it possible. It has been a combined effort of an entire nation, and now we are ready to make it a successful event for the enjoyment of the whole world, while opening new horizons for Korea.
The PyeongChang Winter Games will be the most important to date, as more than 100 gold medals will be at stake for the first time. PyeongChang 2018 will also be the scene of the largest number of female and mixed events in the history of the Winter Olympics. We are really enthusiastic, and we warmly welcome visitors from all over the world who come to the beautiful city of PyeongChang.
This is not the first time that an Olympiad has been held in Korea. 30 years ago, the Seoul Summer Games of 88 brought together both sides of the Cold War in the spirit of sportsmanship and peace. The Games also unveiled Korea's rapid economic growth, which turned a war-torn country into a modern and stable nation.
Although South Korea at the time did not have diplomatic relations with many of the countries of the socialist bloc, the Soviet Union and East Germany were among the 159 participating countries.
The 1988 Olympic Games were a decisive event for Korea, which helped change its image as a nation dependent on foreign aid, to that of a country with "some of the best sports facilities ever built for an Olympic Games", as stated by the President of the IOC. It was a moment of great pride for the nation, which provided a country immersed in a rapid transformation.
Currently, Korea ranks 11th in the world in terms of GDP, 7th in foreign exchange reserves, 6th in export volumes and 8th in total trade. We are the largest mobile phone manufacturer on the planet, the best airport services provider according to the International Airports Council, and for the fourth consecutive year we headed the Bloomberg innovation index. Korea also obtained the highest value in the ICT Development Index of the International Telecommunication Union, a composite indicator of the level of access, use and ICT capabilities of 167 countries.
Bilateral exchanges between Spain and Korea have also increased significantly, reaching $ 4 billion last year. Some years ago Spanish drivers were surprised by the idea of Korean cars in the Spanish market, but today Hyundai and Kia cars dot the streets throughout the country. And as a sign of the growing reputation of Spanish quality products among Korean consumers, increasingly large Korean stores are eager to place Spanish food products on their shelves.
I hope that the Olympic and Paralympic Winter Games in PyeongChang will be another great opportunity for Korea and Spain to deepen their friendship. We look forward to welcoming the talented Spanish athletes. Although it is not especially recognized as a country of winter sports, the Spanish participants have always competed actively in the Winter Games and have been able to exceed expectations. We hope the team from Spain will do a great performance in PyeongChang, and I wish them all the best.
Korea has always had a great willingness to play its role on the international stage and has hosted many important international events such as the 2002 FIFA World Cup (co-organized with Japan) and the 2011 World Athletics Championships. there is no doubt that the next event we will host, the Invie Olympic and Paralympic Games
Commemorating his 20th anniversary in Spain, the President of LG Iberia, Jaime de Commemorating his 20th anniversary in Spain, the President of LG Iberia, Jaime deJaraíz, received at the company's headquarters in Las Rozas, the Mayor of thistownship, José de la Uz; the Ambassador of Korea, Park He Kwon and the General Manageress of Economy and Financial Policy of the Community of Madrid, RosarioRey, who discovered a commemorative Plaque of these twenty years along. The President of LG Spain has assigned the LG success in our country in these twenty years along.
The sample of Korean Cinema in Spain celebrates its tenth edition projecting from the 19 October and until 1 November, 13 films dedicated to nowadays Korean cinema and to the close link between thecinema and music, in the Cine Doré, the Cineteca of Spain and the Korean Cultural Center. In addition, this year the sample will have alternative activities: A Masterclass with the filmmaker Kim Tae-yong, a colloquium with Kim Dae-hyun, a conference, an exhibition and a concert by the Group of the composer of soundtracks most coveted: Bang Jun-suk. Also it will be presented Crossroads of Youth (Ahn Jong-hwa, 1934), considered the older movie preserved of the Korean cinema, whose original negative was rescued in 2007.
After its restoration, the Korean Film Archive and the director Kim Tae-yong have recovered this attractive theatrical experience, including accompaniment in vivo.
With the goal of facilitate to the companies information of the mostWith the goal of facilitate to the companies information of the mostimportant aspects so they can take into account in the moment ofestablishing commercial relations with China, India and South Korea.
South Korea’s gross domestic product ranked 11th in the world in 2016, with its per capita income based on purchasing power remaining unchanged, data from the World Bank showed Wednesday.
A discreet euphoria - if the expression fits - was felt this Monday at the Directors Meeting of Cervantes Institute in Malaga, according to the assistant’s accounts. It happened when the Foreign Minister, Alfonso Dastis, announced that they would do everything possible to increase the budget of the Institute.
Mr. Jaewon Lye, Managing Director of KOTRA, the commercial agency of the Korean Embassy in Spain, had a meeting with the members of the Spain-Korea Chamber of Commerce at the headquarters of the Secretary-General to talk about the opportunities of investment in South Korea.
The President and CEO of LG Electronica Iberia , Jaime de Jaraiz and Enrique Cerezo , President of Atletico de Madrid Club , have reached an agreement , whereby LG Oled becomes the club´s technology supplier in the categories of Imagine and Sound for the seasons coming until 2020.
SERNAUTO, the Spanish Association of Equipment and Components Manufacturers for Automotive and KOTRA, the Commercial Office of the Embassy of Korea, we invite you to attend the Spain-Korea Autoparts Opportunities Forum, which will take place at the NH Collection Eurobuilding Hotel in Madrid, next June 1, 2017.
At the headquarters of the Spain-Korea Chamber of Commerce, a breakfast was held with Mr. José-Ramón Ferrandis Muñoz, head of the Africa area of the Ministry of Economy, Industry and Competitiveness.
The Republic of Korea is the first Asian country to have signed a trade agreement with the European Union. After some years of operation, the European Commission has launched a process to evaluate its results. The aim is to measure the effectiveness of its application to promote trade and bilateral investments and identify possible limitations to take into account in the future.
For this, it has published a public survey accessible at https://ec.europa.eu/eusurvey/runner/EUKoreaFTAPublicConsultation. In case you have interests in that market, you can answer this questionnaire before next March 3.In case you have interests in that market, you can answer this questionnaire before next March 3.
We congratulate Mr. Francisco Herrero Maldonado, President of Lamaignere, for the recent opening of operations in Korea. After opening operations in Chile, the United States and Mexico, it now operates in the very important Asian country under the name of Lamaignere Cargo Korea Co. Ltd. Mr. Herrero Maldonado is a member, member of the Board of Directors and representative in Andalusia of the Chamber of Commerce Spain-Korea. He is also Honorary Consul of the Republic of Korea in Seville.
In its latest report on displaced persons in the world, the United Nations High Commissioner for Refugees (UNHCR) set the number of forced displaced persons in 2015 at a record of 65.3 million.
According to the High Commissioner, around 12.4 million corresponded to new displaced persons during the last year, which means that every 24 people are forced to leave their homes (and one day has 1,440 minutes).
If the forced displaced constituted a state of their own, they would be the 21st largest nation on the planet. It is not difficult to imagine the extraordinary pain and suffering that is behind these numbers, the millions of lives interrupted, the families separated and the childhoods destroyed. As described by UN Secretary General Ban Ki moon, the current global refugee crisis is not only a crisis of numbers, but also a crisis of solidarity.
Within the crisis of forced displacement, the refugee problem requires special and immediate attention from the global community. In general terms, a refugee is defined as a displaced person who has been forced to cross national borders and who can not return safely to his or her home for reasons of race, religion, belonging to a certain social group and political opinion. UNHCR reports that the total number of refugees has increased for the fifth consecutive year, bringing the figure at the end of 2015 to 21.3 million, the highest recorded to date.
For many countries in the northern hemisphere, the plight of the refugees was highlighted last year when Europe suddenly had to deal with an influx of refugee arrivals unprecedented in modern history. In 2015, more than one million people arrived in Europe, and although this year the movements seem to be decreasing, it does not seem reasonable to relax the entrances in the nearest future. The notable increase in the number of refugees that knocks on the doors of Europe is mainly due to the deteriorating situation that wars and conflicts are causing in countries such as Syria, Iraq and Afghanistan. The vast majority of refugees who came to Europe by sea in 2015 came from one of these three countries. As a result, last year around 442,000 asylum applications were registered for the first time in Germany alone (more than double than in 2014), making it the country with the largest number of asylum applications in the world. Similarly, many other European countries reported huge annual increases in the number of applications, such as Finland (over nine times higher), Hungary (more than four times) or Austria (more than three times).
Last Wednesday, September 21, 2016, the show "More Close to Korea", of the company "Daejon Metropolitan Dance Theater", which, under the direction of Hyo Bun Kim, intends to transmit the essence, took place at the Rialto Theater in Madrid. of Korean culture to the rest of the world.
Organized by the Ministry of Foreign Affairs of Korea, the Embassy of the Republic of Korea and the Korean Cultural Center in Spain, a traditional Korean dance and music show is offered in this space for the celebration of the 50th anniversary of the beginning of cooperation between Korea and Spain in the fishing industry, a prelude to other cooperations, such as cultural, commercial or technological.
They were the years of the first Industrial Revolution when Sir William Thomson, exceptional
British scientist, he elaborated daring theories on thermodynamics and electricity that contributed to give physics the shape we know today. However, also he lacked imagination when holding, between other ideas, that the radio had no future, that X-rays were a hoax or that it was impossible for one more device heavy that the air could fly. Today, with a new revolution industrial in budding, Sir William Thomson would have the same problems for predict the future. Few could you imagine just two decades that in 2015 they would exist in the world 7 trillion telephones mobile phones and that 3.2 billion of people would have access to Internet. We meet immersed in a deep digital transformation process that is changing form radical the way we relate in all fields, especially at the economic level and human.
Although the situations of departure and the sense of these transformations they vary almost at every moment, yes we can be sure of two key aspects: on the one hand, that digitization of economic, cultural, political life and social is a fact, and that those leave aside this new way of interrelation will be doomed to a kind of ostracism in a process inverse to the experienced during the period of globalization. And of another, that information technologiesand the -TIC- communication will play a key role in this process oftransformation, which some already call Industrial Revolution 4.0.
Korea was already aware of its importance when I tried to search
Korea was already conscious of the importance of ICT When I was looking an exit to the crisis of 1998
a way out of the crisis of 1998. The ICT sector played then a crucial role, to the point of that came to contribute to growth of GDP by 47% in 2000. Today,Korea is the fourth largest manufacturer in the world of ICT equipment, with close to 415 billion dollars, and the fourth power exporter. But in addition to be a fundamental pillar of your economy, ICTs have come to form integral part of their society and their culture. In 2015, the country occupied the first place in the development index of ICTs developed by the International Union o Telecommunications of the UN 98.5% of their homes are connected, and 83.6% of its poblation has regular access to Internet.
The Korean Cultural Center hosts until September 30, in the Hanul Gallery of the Center of Madrid, the exhibition 'Earth, fire and nature' by South Korean artist Lee Seyong.
The Korean Cultural Center presents the Permanent Exhibition of Traditional Crafts entitled "Korean Crafts and Women", which will remain open from June 3 to August 31, 2016 at the Han-ul Gallery of the Korean Cultural Center.
The Korean Cultural Center celebrates for the first time a Korean Documentary Exhibition in collaboration with the Cineteca of Madrid, from May 14 to 22, 2016. The inauguration will take place on Saturday the 14th at 6:00 pm at the Cineteca (Sala Borau) , Legazpi Square, 8).
During the show, two documentaries will be screened daily, Saturdays and Sundays 14-15 and May 21-22, so there will be two possibilities to watch each documentary. Four of the most recognized documentaries have been selected and show the creativity and vitality of the format in South Korea, with the intention of bringing Korean life and culture closer to Spanish viewers.
Amancio Ortega, who is the first private investor in Spain, started at the end of last year year as a great real estate investor in Asia with the acquisition of a building in Seul, for a price of 328 million euro.
The Minister of Industry, José Manuel Soria, accompanied by the President of Repsol, Antonio Brufau and the President of the South Korean company SK, Tae Won Chey and the Ambassador of Korea in Spain, Park Hee-Kwon, discovered yesterday the commemorative plaque of the new lubricant bases plant of ILBOC in Cartagena in which both companies collaborate. Their products are destined, mainly, to the European market.
Dr. Park Hee-Kwon
Both individually as in the framework of our regional contexts, During the last years we have been attending a progressive and inexorable approach of Spain and Korea at all levels. A good example of this improvement relations is the constant increase of our commercial exchanges.
June 29.- The Minister of Strategy and Finance, Choi Kyung-hwan, attends, on June 29, 2015, in the Great Hall of the People in Beijing, the signing ceremony of the founding act of the Asian Infrastructure Investment Bank (BAII).
On the occasion of the 65th anniversary of diplomatic relations between Spain and the Republic of Korea, the show "Korean Rhapsody", which combined performances of traditional music and contemporary Korean dance, was presented at the Fernando de Rojas Theater Hall of the Círculo de Bellas Artes. . In the framework of the presentation of the formidable show, the Ambassador of Korea, Hon. Mr. Park Hee-kwon, highlighted the excellent relations of friendship and cooperation that exist between your country and Spain.
On March 12, the General Assembly of the Spain-Korea Chamber of Commerce met to review the activities carried out in 2014 and to plan its 2015 activities.
The meeting, which took place at the headquarters of one of its new partners, OHL, was attended by its two honorary presidents: the Ambassador of the Republic of Korea, Mr. Park, Hee-kwon and the Vice President and Chief Executive Officer of OHL, Mr. Josep Piqu Camps. The President of the Chamber, Mr. Javier Cremades, pointed out that at the beginning of the third year of activities, the Chamber also began a phase of expansion and consolidation through the implementation of the same in several autonomous communities.
