South Korea Plans Cap On Crypto Exchange Ownership Despite Industry Concerns
South Korea’s Financial Services Commission (FSC) has shared its intention to move forward with the proposed cap on crypto exchange ...
Tag: Bank of Korea
South Korea’s Stablecoin Bill Deadline Pushed To 2026 As Issuance Dispute Continues – Report
The submission of South Korea’s long-awaited crypto bill continues to face hurdles due to the ongoing disagreements between the main ...
South Korean Giant BC Card Concludes Stablecoin Payments Pilot Ahead Of 2026 Framework
South Korean payments giant BC Card has completed its pilot project to verify the stability and convenience of card-integrated stablecoins ...
South Korea’s Stablecoin Legislation Hits Roadblock As FSC Misses December 10 Deadline
South Korea’s government has reportedly missed the deadline to submit its highly anticipated stablecoin legislation, risking a delay of the ...
KakaoBank Starts Development Of ‘Kakao Coin’ Project As Stablecoin Race Intensifies – Report
KakaoBank, the digital bank under South Korea’s IT giant Kakao, has reportedly started the development phase of its Won-pegged stablecoin ...
South Korea Risks Stablecoin Legislation Delay As Financial Authorities Clash With BOK
South Korea’s long-awaited stablecoin legislation risks being delayed until next year, as financial authorities brawl with the Bank of Korea ...
Bank Of Korea Calls For Bank-Issued Stablecoins To Prevent Financial Risks
The Bank of Korea (BOK) has urged lawmakers to adopt a bank-led model for stablecoin issuance ahead of the upcoming ...
Bank of Korea Expands Stablecoin And CBDC Focus With New Virtual Asset Division
South Korea is taking a major step toward stablecoin oversight and digital currency development. According to a July 29 report ...
