South Korea

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...
South Korea to permit corporations to sell digital assets
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29 May, 2025

South Korea to permit corporations to sell digital assets

The FSC will lift a 2017 ban on institutions and exchanges selling digital assets, but it will enforce stringent AML...
South Korea’s DPK forms digital asset committee ahead polls
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26 May, 2025

South Korea’s DPK forms digital asset committee ahead polls

The Bank of Korea wants to have regulatory supremacy over won-pegged stablecoins, but the new committee says the FSC would...
Kazakhstan, South Korea team up for public sector AI use
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1 May, 2025

Kazakhstan, South Korea team up for public sector AI use

Elsewhere, China’s Guangdong province has launched a new AI initiative designed to improve AI education for students.
Digital asset trading boom raises alarm in South Korea
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29 April, 2025

Digital asset trading boom raises alarm in South Korea

South Korea’s central bank has pledged to actively participate in ongoing stablecoin regulatory efforts, saying they threaten its monetary policies.