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Financial Services Commission
South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam
Elsewhere, Hong Kong’s Treasury has proposed bringing OTC venues under the city’s regulations, arguing that they have been used to...
South Korea to ban credit card purchases of digital assets
The move is aimed at curbing illegal outflow of investment and money laundering as Koreans purchase digital assets on offshore...
Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS
Bank of Korea is collaborating with LG CNS to develop a CBDC system for tokenized deposits, utilizing LG CNS's expertise,...
South Korea’s notice for digital assets excludes NFTs, CBDCs
South Korea's Financial Services Commission mandates digital exchanges to offer interest on deposits from July 2024, excluding NFTs and CBDCs,...
Mauritius explores metaverse in finance, launches public consultation
The Financial Services Commission is looking to integrate the metaverse into the financial services sector, inviting the public to share...
Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment
The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...
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