• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Binance Founder CZ Receives Presidential Pardon From Donald Trump
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Binance Founder CZ Receives Presidential Pardon From Donald Trump
Crypto

New Crypto Lab Unit Signals Bank Of Korea’s Shift From Research To Regulation

Christian Encila
by Christian Encila
2 months ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

South Korea’s central bank is stepping up its game in the crypto world. Based on reports, the Bank of Korea (BOK) has created a new “digital currency lab” unit under its Financial Settlement Bureau.

Related Reading: Stablecoin On The Crosshair For $110-B Firm Interactive Brokers

The new department will keep an eye on digital tokens, especially won‑pegged stablecoins and related rules. At the same time, the bank is renaming its Digital Currency Research Lab to the Digital Currency Lab on July 31, 2025, and shuffling staff to run token tests.

Crypto Assets Arm Takes Shape

According to reports, the new division will track price moves, market trends and legal shifts. It sits alongside existing teams in the Financial Settlement Bureau.

Staffers will test how tokens work in payments and settlements. They will also study any spillover into regular bank accounts and lending. The goal is to spot risks early and offer clear advice to policy makers.

Source: VTT Studio/Adobe

Private Stablecoin Bills Gain Traction

The bank’s move comes just hours after the nation’s two biggest political parties introduced stablecoin bills. Each bill would give the Financial Services Commission broad power to license and supervise issuers.

Lawmakers say this will protect consumers and boost innovation. Opponents fear it could weaken the BOK’s grip on monetary tools.

Based on reports, some critics warn that letting private stablecoins circulate freely might interfere with interest‑rate decisions.

Total crypto market cap currently at $3.79 trillion. Chart: TradingView

Central Bank Pauses CBDC Rollout

In late June, the BOK hit pause on its central bank digital currency (CBDC) rollout, known as Project Han River. According to Governor Rhee Chang‑yong, banks’ deposit tokens look a lot like stablecoins.

He said that “no matter if we are talking about a won stablecoin or a deposit token, we will need a digital currency in the future.”

The governor added that the bank will weigh a bank‑led launch against a wider private‑sector model. The BOK plans to focus on bank support first, then consider opening up to fintech firms.

Related Reading: Crypto Could Help You Buy A House—But Washington Isn’t Sold

Tech Giants Eye Stablecoin Market

Some of South Korea’s top tech firms have already filed trademarks for won‑pegged coins. They appear to be waiting for lawmakers to give them the green light. If the bills pass, big names in e‑commerce and messaging could launch their own tokens.

That would create new payment channels and loyalty programs. It could also shift some deposits out of traditional banks, a concern the BOK has flagged.

Deputy Governor Ryoo Sang‑dai has stressed a cautious approach. He said the bank will roll out digital tokens in stages, starting with commercial banks. The cryptocurrency department will play a key role in shaping that plan.

Featured image from Meta, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

Solana Price Prediction, a ChatGPT Analysis: Why AI Recommends Snorter Token as Best Altcoin

Solana Price Prediction, a ChatGPT Analysis: Why AI Recommends Snorter Token as Best Altcoin

3 hours ago
Η Moon Inc. εξασφαλίζει $8,8 εκατ. για Bitcoin prepaid cards

Η Moon Inc. εξασφαλίζει $8,8 εκατ. για Bitcoin prepaid cards

5 hours ago
snorter bot token

Snorter Bot Token – Τελευταίες 4 ημέρες για αγορά στην τιμή presale, συνολική χρηματοδότηση στα $5,4 εκατομμύρια

5 hours ago
Best Crypto to Buy Now as Crypto RWA Hits $8.3 Billion

Best Crypto to Buy Now as Crypto RWA Hits $8.3 Billion

5 hours ago
This Could be Your Last Chance to Buy Bitcoin at $100K, as the Best Crypto Presales to Buy Continue to Pump.

This Could be Your Last Chance to Buy Bitcoin at $100K, as the Best Crypto Presales to Buy Continue to Pump

6 hours ago
Bitcoin

Deepseek прогнозира бичи пазар за Биткойн до края на 2026 г. Bitcoin Hyper е най-добрата криптовалута в момента

5 hours ago

Premium Sponsors

Press Releases

  • ORIGIN Protocol's LGNS Achieves Historic Milestone: Liquidity Tops $194 Million, Reclaiming Title as Global Leader in DeFi

    ORIGIN Protocol’s LGNS Achieves Major Milestone...

    1 day ago
  • bonus kcex

    Bonus KCEX: promozione da $21.000 con un bonus deposito del...

    1 day ago
  • Maxi Doge

    Защо Maxi Doge може да се окаже...

    1 day ago
  • 挖 1 枚比特幣耗電可供 61...

    1 day ago
  • KCEX стартира бонус за търговия от...

    2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.