Bank of Korea to Establish Virtual Asset Team as Lee Looks to Shape Crypto Regime: Report

Bank of Korea to Establish Virtual Asset Team as Lee Looks to Shape Crypto Regime: Report

Bank of Korea Establishes Team for $42B Won-Pegged Stablecoin & Crypto

Won-pegged stablecoin launch begins as Bank of Korea digital currency team forms $42B plan amid stablecoin regulation rollout.

Bank of Korea Expands Stablecoin And CBDC Focus With New Virtual Asset Division - Coin Surges

South Korea is taking a major step toward stablecoin oversight and digital currency development. According to a July 29 report from Yonhap News, the Bank of Korea has announced the installation of a new virtual asset division within its Financial Settlement Bureau. The newly formed division will monitor the broader crypto market and lead internal discussions specifically focused on the development and regulation of Korean won-based stablecoins. …

Bank of Korea Expands Stablecoin And CBDC Focus With New Virtual Asset Division

South Korea is taking a major step toward stablecoin oversight and digital currency development. According to a July 29 report from Yonhap News, the Bank of Korea has announced the installation of a new virtual asset division within its Financial Settlement Bureau. The newly formed division will monitor the broader crypto market and lead internal discussions specifically focused on the development and regulation of Korean won-based stablecoins. …

Bank of Korea forms crypto unit as stablecoin rules shift

LATEST: Bank Of Korea Plans To Launch New Virtual Asset Committee

South Korea’s central bank has taken a major step forward in embracing cryptocurrency by forming a dedicated virtual asset committee. This new team will actively monitor the crypto market and explore central bank digital currency development as the country ramps up efforts to stay ahead in the digital finance space. The Bank of Korea has renamed and refocused its CBDC unit and stated the Virtual Asset Team will also lead responses to stablecoin …