The Bank Of Korea Can Now Conduct Investigations Into Local Crypto Exchanges-Report

The Bank of Korea (BOK) has been granted the power to conduct on-site inspections and demand financial documents from crypto exchanges functioning within the nation, enabling it to investigate local cryptocurrency exchanges, according to a local news media report. The Bank of Korea’s primary goal is maintaining price stability nationwide. The bank can then manage […]

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Bank of Korea given right to investigate local crypto firms: Report

The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country.

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Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped its opposition to the central bank’s bid after it was accused of seeking to make itself the country’s sole regulator

The post Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition appeared first on BTC Ethereum Crypto Currency Blog.

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South Korea's Digital Won Project Sees First Trial Stage Completed

The Bank of Korea (BOK) announced that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won trials, according to its official press release. (Read More)

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