Category BOK

The Bank of Korea (BOK) has created a new virtual asset division under its Financial Payment Systems Bureau.

The Financial Supervisory Service (FSS) of South Korea has given new orders to local asset managers to limit their exposure to crypto-related firms...

South Korea’s Trade Minister landed in Washington this week with one mission: to stop the US from reimposing steep tariffs and to lock in a trade d...

South Korea’s central bank wants to keep a tight grip on how stablecoins enter the country’s financial system. On Tuesday, senior deputy governor R...

Bank of Korea’s Governor Rhee Chang-yong expressed concerns that won-based stablecoins could spur more demand for U.S. dollar stablecoins.