Bank of Korea Plans Forex Law Amendment to Cover Stablecoins
The central bank told lawmakers it will draft an amendment this year to regulate stablecoins as a payment means, focusing on cross-border controls rather than legal-tender status.
We use cookies for anonymous analytics and ad measurement to improve the site. Cookie policy.
Original coverage across the crypto market, updated daily.
The central bank told lawmakers it will draft an amendment this year to regulate stablecoins as a payment means, focusing on cross-border controls rather than legal-tender status.

The exchange, which has more than 18 million customers, is reportedly facing central bank action over transactions involving restricted offshore gaming firms.

Russia's central bank outlines new rules requiring digital asset platforms to hold up to $2.8 million in liquid capital ahead of a broader crypto framework.
Thailand's central bank plans to require proof of funds for large cash deposits and audit USDT transactions with securities regulators.
The 21st Century ROAD to Housing Act includes a provision prohibiting the Fed from issuing a central bank digital currency.