Bank Of Korea Warns Of Stablecoins From Non-Bank Entities, Claims Risk Of Market Confusion
The Bank of Korea’s Governor has warned about the issuance of stablecoins by non-bank entities, arguing that these digital assets ...
Tag: Bank of Korea
Bank Of Korea Halts CBDC Project As Lawmakers Focus On Stablecoin Regulation
The Bank of Korea (BOK) has reportedly halted its Central Bank Digital Currency (CBDC) project following the South Korean government’s ...
South Korean Crypto Stablecoin Push Could Backfire, BOK Warns — Here’s Why
South Korea’s central bank has expressed caution over the potential consequences of issuing won-pegged crypto stablecoins, raising concerns that their ...
Crypto Exchanges In South Korea Roll Out Volatility Monitoring System
A consortium of leading cryptocurrency exchanges in South Korea has introduced a system designed to notify users about price volatility ...
Report: Bank Of Korea Authorized To Conduct Inspections On Crypto Firms
The Bank of Korea (BoK) can now investigate local crypto exchanges. According to a report, the bank has the authority ...
Bank Of Korea Successfully Completes First Phase Of CBDC Testing
The Bank Of Korea has effectively concluded the pilot testing of the issuance and distribution of their digital currency. It ...
Bank of Korea Begins Central Bank Digital Currency Rollout
Talk of CBDCs may have taken a back seat for many world central banks right now. Yet, despite claiming there ...
Bank of Korea Sees No Reason for Central Bank Digital Currency
Bank of Korea sees no need to generate a Central Bank Digital Currency (CBDC), an official shared the regulator’s position. ...
