Breaking News
January 04, 2024
South Korea Suggests Ban on Using Credit Cards to Buy Crypto
South Korea’s Financial Services Commission (FSC) proposed changing its credit finance act, banning local citizens from...
Breaking News
December 27, 2023
South Korea Mandates High-Ranking Public Officials Disclose Crypto Holdings
South Korea announced that its high-ranking public officials must disclose their crypto holdings starting in 2024.
Breaking News
December 11, 2023
NFTs and CBDCs Excluded from South Korea’s Crypto Interest Mandate
South Korea’s financial regulator, the Financial Services Commission (FSC), announced digital asset investors are to rec...
Breaking News
November 28, 2023
South Korea Set to Pilot CBDC Q4 2024
The Bank of Korea (BOK) announced it will pilot a central bank digital currency (BDC) involving 100,000 citizens in Q4 2...
Breaking News
August 30, 2023
South Korea Mandates Crypto Exchanges Hold $2.3M Reserve
South Korean crypto exchanges with “real-name” bank accounts must hold $2.3 million in reserve funds according to new ma...
Crypto
July 31, 2023
South Korea Named Three Regions for CBDC Pilot, Excludes Seoul
The Bank of Korea shortlisted three regions for potential CBDC testing next year, and the country’s capital Seoul was...