Latest News and Articles about South Korea Regulation

Bank of Korea Warns of Non-Bank KRW Stablecoin Risks, Fears Financial Chaos South Korea’s central bank has dropped a bombshell on the buzzing stablecoin scene, with Bank of Korea (BOK) Governor Lee Chang-yong sounding a loud alarm over non-bank entities issuing Korean Won (KRW)-pegged stablecoins. Speaking at a recent press conference, Lee didn’t hold back, […]