KakaoBank Explores Stablecoin Expansion Amid South Korea’s Crypto Push
KakaoBank is positioning itself to capitalize on South Korea’s growing crypto market, with plans to offer stablecoin-related services.
South Korea Gets Ahead of Crypto Lending Risks with New Task Force
South Korea isn’t waiting for a crypto lending crisis to act—regulators are preemptively drafting rules to rein in high-risk loan products.
Bank of Korea Introduces Virtual Asset Division as Stablecoin Discussions Advance
The Bank of Korea (BOK) has launched a new division focused on virtual assets to oversee the cryptocurrency market and participate in legislative discussions.
South Korea Prepares to Welcome Crypto Firms into Startup Ecosystem
In a policy reversal, South Korea’s government is moving to recognize crypto trading and brokerage firms as legitimate “venture companies,” making them eligible for state support.
South Korea’s CBDC Trials Stumble as Banks Push Back Over Costs
South Korea’s digital currency project is in jeopardy after participating banks protested the high costs, prompting the central bank to postpone further testing.
Bank of Korea Calls for Phased Stablecoin Implementation, Starting with Banks
The Bank of Korea (BOK) has proposed a structured framework for stablecoin issuance, with regulated banks serving as the initial gatekeepers.
South Korean Regulators Propose Crypto ETF Roadmap, But Final Rules Pending
South Korea’s Financial Services Commission (FSC) has drafted a plan to permit spot crypto ETFs, with implementation expected in late 2025.
