
Financial Supervisory Service
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...
2024: Year in regulation for digital assets
In 2024, key trends in the blockchain space include global authorities focusing on regulating stablecoins, block reward mining, and enforcing...
South Korean exchanges to step up monitoring as global fraud, exploits surge
With blockchain-based scams on the rise, South Korea will go ahead with the operation of its monitoring system this mid-July...
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 regulators pledge regulatory framework supporting investor protection
Regulators in South Korea are working to establish a framework for the Virtual Asset User Protection Act, aiming to safeguard...
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...