Financial Services Commission

China turns against stablecoins; Sony preps PlayStation stable
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2 December, 2025

China turns against stablecoins; Sony preps PlayStation stable

China's central bank targets stablecoins amid regulatory challenges, while South Korea pushes for stablecoin legislation to advance digital finance.
US Bank tests Stellar stablecoin; European bankers see no use cases
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26 November, 2025

US Bank tests Stellar stablecoin; European bankers see no use cases

U.S. Bank is testing a dollar stablecoin on Stellar, while Paxos acquires Fordefi to enhance DeFi services, amid global regulatory...
South Korea caps digital asset lending rates at 20%
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10 September, 2025

South Korea caps digital asset lending rates at 20%

South Korea caps digital asset lending at 20% interest, banning leverage services to enhance user protection and market stability amid...
South Korea’s central bank fights for stablecoin oversight
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14 July, 2025

South Korea’s central bank fights for stablecoin oversight

Korean legislators have drafted a bill that would give stablecoin oversight to the FSC, but the BOK wants a U.S.-style...
South Korea lays out roadmap for ETFs, probes exchange fees
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24 June, 2025

South Korea lays out roadmap for ETFs, probes exchange fees

South Korea advances its pro-crypto pledges under Lee Jae-myung, beginning with the submission of an ETF roadmap and investigation into...
South Korea unveils bill to allow stablecoin issuance
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13 June, 2025

South Korea unveils bill to allow stablecoin issuance

Under the proposed legislation, the authority will fall to the country's top finance sector watchdog, the FSC, instead of the...
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