South 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...
SK regulator advises asset managers to limit ‘crypto’ exposure
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25 July, 2025

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’s central bank fights for stablecoin oversight
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14 July, 2025

South Korea’s central bank fights for stablecoin oversight

Korean legislators have drafted a bill that would give stablecoin oversight to the FSC, but the BOK wants a U.S.-style...
Bhutan turns to digital asset payments amid internet issues
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8 July, 2025

Bhutan turns to digital asset payments amid internet issues

Elsewhere, South Korea-based Naver Pay has announced plans to explore stablecoins, targeting retail applications to keep up with local first...
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...
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