Latest News and Articles about Digital Assets Basic Act

South Korea Sets 20% Crypto Exchange Ownership Cap Amid Regulatory Clash

5 March 2026 Daily Feed Crypto Exchange, Digital Assets Basic Act, Ownership Cap, South Korea

South Korea Eases Crypto Exchange Ownership Cap to 20% in Regulatory Tug-of-War South Korea, a heavyweight in the global cryptocurrency arena, has dialed back its hardline stance on exchange governance. The Financial Services Commission (FSC), the nation’s financial watchdog, has hammered out a 20% ownership cap for major shareholders of crypto exchanges, a compromise born […]

Bank of Korea Warns: Non-Bank KRW Stablecoins Risk Financial Chaos

25 December 2025 Daily Feed Bank of Korea, Digital Assets Basic Act, KRW Stablecoins, Non-Bank Entities

Bank of Korea Sounds the Alarm: Could Non-Bank Stablecoins Unleash Financial Chaos? South Korea’s central bank is waving a giant red flag over the rising tide of stablecoins pegged to the Korean Won (KRW), especially those issued by non-bank entities. Governor Lee Chang-yong of the Bank of Korea (BOK) has bluntly warned that this trend […]