Bank of Korea

Highlights: The new BOK governor prioritized CBDCs over stablecoins in his first speech to strengthen control over digital payments. South Korean lawmakers are drafting new rules to regulate stablecoin issuance and digital asset payments. Financial firms in Korea are building […]

Highlights: Bank of Korea creates virtual asset unit to lead stablecoin talks and crypto monitoring. BOK also renames the CBDC team to show a move from research to real digital work. The bank delays CBDC test as stablecoin support grows […]

Highlights: The Bank of Korea confirmed it has no plans to add BTC to its foreign reserves. Officials cited Bitcoin’s volatility, warning of high transaction costs during market downturns. South Korea is easing crypto rules, gradually lifting the ban on […]