South Korea

India’s Supreme Court calls out absence of clear digital currency rules: report
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4 August, 2023

India’s Supreme Court calls out absence of clear digital currency rules: report

Surya Kant and Dipankar Datta, justices of the Supreme Court of India, have instructed the country’s legislative body to create...
South Korea: Regulator boosts support in fight vs digital currency bad actors
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4 August, 2023

South Korea: Regulator boosts support in fight vs digital currency bad actors

Lee Yoon-soo, head of the Financial Intelligence Unit, said the agency will improve its analysis of financial information linked to...
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...
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