11-22-2024 
Search Results for: Bank of Korea
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30 July, 2022
South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions
The Financial Supervisory Service has discovered KRW1.6 trillion ($1.2 billion) of forex transactions at five Woori Bank branches. Another KRW2.5...
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29 July, 2022
South Korea: 2 banks face probe over failure to report digital currency trading gains
The remittances sent abroad are worth over KRW2 trillion and were said to have been made by trading the Kimchi...
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18 July, 2022
South Korea to start real-world testing of CBDC with 10 commercial banks: report
The Bank of Korea has invited at least ten commercial banks, including Shinhan Bank and NH Nonghyup Bank, to be...
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8 May, 2022
South Korea’s KakaoBank considers partnerships with digital currency exchanges
During the company's quarterly business performance conference, KakaoBank's CEO Yun Ho-young revealed that the bank is currently reviewing a partnership...
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25 February, 2022
South Korea’s largest bank to launch a digital asset investment fund
Kookmin Bank plans to launch the exchange traded fund once there are regulations in place for such a product and...
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18 June, 2021
Bank digital currency clients to be considered ‘high risk’ in latest South Korea crackdown
The new rules will impact on some 60 unauthorized exchanges in the country, as well as forcing banks to regard...
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