
Bank of Korea
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...
South Korea mulls deposit tokens on public blockchains
The Bank of Korea believes such a move would allow the country to stave off rising competition from private stablecoins...
South Korea’s DPK forms digital asset committee ahead polls
The Bank of Korea wants to have regulatory supremacy over won-pegged stablecoins, but the new committee says the FSC would...
Digital asset trading boom raises alarm in South Korea
South Korea’s central bank has pledged to actively participate in ongoing stablecoin regulatory efforts, saying they threaten its monetary policies.
South Korea prepares for CBDC pilot, digital transformation
South Korea commits to staying competitive in digitalization, with the BOK planning a CBDC pilot and the FSS looking at...
Bank of Korea rejects BTC reserve, announces CBDC tests
The BOK revealed that it will launch an experiment for its retail CBDC starting April, but it won't be jumping...