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Financial Services Commission

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment
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9 October, 2023

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment

The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...
South Korea strengthens digital currency OTC transactions oversight to combat crime
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23 September, 2023

South Korea strengthens digital currency OTC transactions oversight to combat crime

South Korean regulators target OTC digital currency transactions due to rising criminal activity, discussing regulation in a session on 'Criminal...
South Korea’s Cheongju wants to seize digital currency holdings from tax evaders
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30 August, 2023

South Korea’s Cheongju wants to seize digital currency holdings from tax evaders

Authorities in South Korea aim to recover unpaid taxes by seizing digital currencies from tax evaders in Cheongju via legal...
South Korea financial regulator wants digital asset firms to disclose holdings
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19 July, 2023

South Korea financial regulator wants digital asset firms to disclose holdings

The new disclosure requirement is geared toward creating "more consistent and clear information about companies that issue or hold virtual...
South Korea: Financial regulator wants staff to disclose digital currency holdings
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14 July, 2023

South Korea: Financial regulator wants staff to disclose digital currency holdings

South Korea’s Financial Services Commission move is in response to the request of the country’s Anti-Corruption and Civil Rights Commission.