Financial Services Commission

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...
South Korea strengthens digital currency OTC transactions oversight to combat crime
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23 September, 2023

South Korea strengthens digital currency OTC transactions oversight to combat crime

South Korean regulators target OTC digital currency transactions due to rising criminal activity, discussing regulation in a session on 'Criminal...
South Korea’s Cheongju wants to seize digital currency holdings from tax evaders
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30 August, 2023

South Korea’s Cheongju wants to seize digital currency holdings from tax evaders

Authorities in South Korea aim to recover unpaid taxes by seizing digital currencies from tax evaders in Cheongju via legal...
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