South Korea

South Korea forms new unit to combat digital currency bad actors
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3 August, 2023

South Korea forms new unit to combat digital currency bad actors

South Korea intensified efforts to combat digital currency misconduct by introducing a specialized crime-fighting unit probing digital currency offenses like...
South Korean banks explore stablecoin alternatives as CBDC research picks up steam
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1 August, 2023

South Korean banks explore stablecoin alternatives as CBDC research picks up steam

As stablecoins face heightened scrutiny from regulators, South Korean commercial banks are in the race for a worthy alternative as...
South Korea hints at future CBDC in new financial report
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25 July, 2023

South Korea hints at future CBDC in new financial report

South Korea joins the growing list of countries exploring CBDCs, with its central bank unveiling plans to study and possibly...
South Korea financial regulator wants digital asset firms to disclose holdings
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19 July, 2023

South Korea financial regulator wants digital asset firms to disclose holdings

The new disclosure requirement is geared toward creating "more consistent and clear information about companies that issue or hold virtual...
South Korea: Prosecutors pursuing Do Kwon plan to launch new investigation unit
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18 July, 2023

South Korea: Prosecutors pursuing Do Kwon plan to launch new investigation unit

To avoid events like Terra's collapse from recurring, South Korea dedicates its efforts to creating its first-ever investigation unit focusing...
South Korea: Financial regulator wants staff to disclose digital currency holdings
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14 July, 2023

South Korea: Financial regulator wants staff to disclose digital currency holdings

South Korea’s Financial Services Commission move is in response to the request of the country’s Anti-Corruption and Civil Rights Commission.
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