Bank of Korea

South Korea unveils bill to allow stablecoin issuance
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13 June, 2025

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
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4 June, 2025

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
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26 May, 2025

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
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29 April, 2025

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
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28 March, 2025

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
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20 March, 2025

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...
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