All posts tagged "Kakao"
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180Fintech / RegtechS. Korea to Tighten Rules for Bigtechs in Financial Services
FSS governor Jeong Eun-bo said regulators will seek to enable fair competition between digital platform providers and financial companies.
October 11, 2021 -
273Enforcement
Korean Tech Giants Told to Comply with Consumer Protection Law
The FSC and FSS have ordered Kakao and Naver to alter or halt the sale of financial products online and register as brokerages by 24 September.
September 15, 2021 -
370FeatureBank of Korea CBDC Pilot to Kick off This Month
Ground X, Kakaobank, Kakao Pay, Consensys, Samsung and Onther are among the firms that will participate in the pilot. Phase one will be complete by December.
August 9, 2021 -
182Fintech / Regtech
BOK Unveils Firms Seeking to Participate in CBDC Project
Units of SK Group, Naver and Kakao are the three firms competing to work on a CBDC project which will commence next month.
July 15, 2021 -
148Fintech / Regtech
FSC Korea Grants Preliminary Approval to ‘Kakao Insurance’
This first time the FSC has granted approval for digital insurance business to a new entrant that is not already an insurer.
June 11, 2021 -
246Fintech / RegtechBank of Korea Seeks Technology Partner to Test CBDC
The testing and simulation exercise will be conducted in two phases, the first involving the creation, issuance and redemption of a digital won.
May 26, 2021 -
227Fintech / Regtech
Korea: Supervisory Power Struggle Deepens Between BOK, FSC
The BOK said it opposes the payment settlement system being used to oversee private transaction data, calling a revision bill proposed by the FSC a "Big Brother law".
February 26, 2021 -
208Fintech / Regtech
FSC Korea to Allow Platform Operators Sell Insurance Products
A new framework will be introduced to allow firms like Kakao and Naver to sell digital insurance products under sandbox-like conditions.
February 11, 2021 -
456KoreaKRX Offers English Translation Service for Company Filings
KRX says its investor base will expand by allowing foreigners improved accessibility to English language disclosures of listed companies.
September 30, 2020 -
1.6KFintech / RegtechFSC Korea to Overhaul Digital Finance Regulations – Report
Mobile payment service providers will be allowed to offer deferred payment services, issue payment accounts to users, and enable larger transaction limits.
July 27, 2020
