Bank of Korea

Crypto / Digital Assets

Bank of Korea Forms New Crypto Unit to Oversee Stablecoins

By Editors | 30/07/2025

BOK is creating a dedicated team to monitor the market and shape policy as commercial banks prepare to launch won-pegged stablecoins.

Enforcement

FSS Korea Initiates Disciplinary Action Over Fraudulent IBK Loans

By Nithya Subramanian | 29/07/2025

The FSS has sent a formal inspection opinion to Industrial Bank of Korea, marking the start of enforcement action in a major loan fraud case involving internal staff collusion and falsified documents.

Crypto / Digital Assets

Korean Fintech KONA I Set to Showcase KRW-Backed Stablecoin

By Mark Johnston | 28/07/2025

The stablecoin will feature dual support for both QR code payments and existing credit card payment infrastructure.

Crypto / Digital Assets

South Korea Moves to Legalise Won-Based Stablecoins

By Nithya Subramanian | 25/07/2025

Lawmakers have introduced bills to enable Korean won-pegged stablecoins, regulate digital assets, and counter growing dominance of US dollar-backed equivalents.

Capital / Liquidity

FSC Korea Directs Top 10 Banks to Enhance Resolution Plans

By Manesh Samtani | 24/07/2025

Regulators have approved 2025 resolution plans and renewed the D-SIBs list for 2026, but demanded greater preparedness for digital bank runs.

Market Infrastructure

KSD Launches Calculator to Boost KOFR Bond Market

By Manesh Samtani | 23/07/2025

The new tool aims to simplify interest calculations for floating-rate notes, addressing a key hurdle to the wider adoption of the benchmark rate.

Securities / Derivatives

Hong Kong Proposes ETF Cross-Listing Scheme with South Korea

By Editors | 13/07/2025

Financial Secretary Paul Chan says the move would be a "convenient and immediate" way to boost market links amid growing Korean investor interest.

Securities / Derivatives

Bank of Korea Unveils New Measures to Strengthen FX Market

By Nithya Subramanian | 07/07/2025

The reforms include minimum trading requirements for foreign institutions, extended reporting exemptions, and the upcoming launch of a customer FX brokerage platform.

Fintech / Regtech

BOK Tenders KRW 13.7 Billion Project for Zero Trust Security Overhaul

By Editors | 07/07/2025

The project is to replace traditional network separation with an on-premise Zero Trust architecture for all staff.