Reserved IP Address°C
02-01-2025
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Financial Services Commission

South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam
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7 February, 2024

South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam

Elsewhere, Hong Kong’s Treasury has proposed bringing OTC venues under the city’s regulations, arguing that they have been used to...
South Korea to ban credit card purchases of digital assets
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9 January, 2024

South Korea to ban credit card purchases of digital assets

The move is aimed at curbing illegal outflow of investment and money laundering as Koreans purchase digital assets on offshore...
Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS
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24 December, 2023

Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS

Bank of Korea is collaborating with LG CNS to develop a CBDC system for tokenized deposits, utilizing LG CNS's expertise,...
South Korea’s notice for digital assets excludes NFTs, CBDCs
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16 December, 2023

South Korea’s notice for digital assets excludes NFTs, CBDCs

South Korea's Financial Services Commission mandates digital exchanges to offer interest on deposits from July 2024, excluding NFTs and CBDCs,...
Mauritius explores metaverse in finance, launches public consultation
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11 November, 2023

Mauritius explores metaverse in finance, launches public consultation

The Financial Services Commission is looking to integrate the metaverse into the financial services sector, inviting the public to share...
Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment
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9 October, 2023

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment

The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...
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