Financial Supervisory Service
South Korea revamps digital wallets amid Bithumb controversy
South Korea advances digital wallets for stablecoin payments while enhancing regulations to combat illicit trading in its evolving digital asset...
SK regulator advises asset managers to limit ‘crypto’ exposure
South Korea's FSS advised asset management firms to adjust their EFTs to limit exposure to digital asset companies such as...
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,...
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