bank of-korea

Seoul, South Korea. (Ciaran O'Brien/Unsplash)
South Korea’s Central Bank Wants to Oversee Stablecoins
The country joins other jurisdictions in proposing standards for stablecoin issuance.
Seoul, South Korea. (Ciaran O'Brien/Unsplash)

CDCROP: South Korea Flag (Jacek Malipan/EyeEm/Getty)
South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
The Bank of Korea says companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas.
CDCROP: South Korea Flag (Jacek Malipan/EyeEm/Getty)

The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.
Bank of Korea Chooses Ground X as Supplier for CBDC Pilot: Report
South Korea's central bank has picked a blockchain subsidiary of internet giant Kakao.
The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.

Bank of Korea
3 Firms Vie to Develop South Korea's CBDC Pilot
BOK will base its evaluation on the technological capacity of each firm.
Bank of Korea

Bank of Korea building, Seoul
Bank of Korea Sees Threat to Financial System in Leveraged Crypto Trading
The central bank governor has pledged to monitor transactions of Korea's financial institutions associated with leveraged crypto trading.
Bank of Korea building, Seoul

Bank of Korea
South Korea’s Central Bank to Choose Supplier for Digital Currency Pilot
The Bank of Korea is looking for a technology supplier to explore a digital currency in a test environment.
Bank of Korea

Bank of Korea building, Seoul
South Korea’s Central Bank Seeks Authority to Monitor Crypto Transactions: Report
The Bank of Korea hopes to start as early as September, an official said.
Bank of Korea building, Seoul

Bank of Korea
CBDCs Will Reduce Demand for Bitcoin, Says South Korea Central Bank Chief
Bank of Korea Governor Lee Ju-yeol says once central bank digital currencies (CBDC) are introduced, the demand for cryptocurrencies like bitcoin fall.
Bank of Korea

Bank of Korea
Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets
Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates.
Bank of Korea