Bank of Korea

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...
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...
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