Bank of Korea

Visa backs 4 stablecoins; S.Korea warns of won depeg risk
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7 November, 2025

Visa backs 4 stablecoins; S.Korea warns of won depeg risk

Visa says the stablecoins will run on four unique blockchains and will be converted to 25 different fiat currencies as...
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 refocuses CBDC team; Indonesia ‘crypto’ tax spikes
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7 August, 2025

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
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4 July, 2025

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
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4 July, 2025

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
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3 July, 2025

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...
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