South Korea will Revise its Regulatory Framework Before Launching Digital Won
The Bank of Korea established an advisory group to revise the legislative framework before the launch of the digital won. Despite their CBDC will more resemble a digital version of…
Read More »South Korea’s First Won Backed Stablecoin is On the Way
A South Korean fintech firm has revealed it has successfully created a traded the nation’s first won backed stablecoin. Read more Market pieces here. BxB Inc., a South Korean fintech…
Read More »Cryptocurrency Fraud Worth 100 Bln Won Busted in South Korea
On June 12, 2020, the Seoul Metropolitan Police announced investigating a cryptocurrency scam project run by three fraudsters having collected about 100 billion won (approx. $83.1 million USD).
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