
Bank of Korea
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 refocuses CBDC team; Indonesia ‘crypto’ tax spikes
Bank of Korea’s Digital Currency Team has dropped “Research” from its title to signify a practical approach amid a shift...
Ban on Kimchi bonds ends; Singapore’s new law kicks in
South Korea banned the Kimchi bonds in 2011, but a dip in USD liquidity in the forex markets has forced...
JD.com forays into stablecoins as South Korea voices concern
JD.com plans to obtain a license in Hong Kong and launch a stablecoin this year before expanding into every major...
1 in 4 South Koreans own digital assets: study
The study found South Koreans in their 40s were the most active in digital asset accumulation, with speculation and short-term...
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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