Category BOK

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

South Korea's ruling party introduces the Digital Asset Basic Act to legalize stablecoin issuance by local firms under strict conditions.

South Korea's central bank cut interest rates for a fourth time in the current easing cycle on May 29th to bolster an economic recovery that U.S. t...

South Korea’s 7-Eleven shops will be taking part in the test phase of the Bank of Korea’s digital currency (CBDC) project. To that end, the retaile...

A survey carried out on the 21st of March across five South Korean crypto exchanges revealed that the number of domestic crypto investors increased...