Bank of Korea Launches Virtual‑Asset Committee to Monitor Crypto

Bank of Korea Launches Virtual‑Asset Committee to Monitor Crypto

In a strategic move to solidify its oversight of the digital asset sector, the Bank of Korea (BOK) has established a Virtual Asset Committee tasked with supervising the cryptocurrency market and coordinating policy dialogue on stablecoins and virtual assets with the government. This initiative underscores the central bank’s pivot from observation to active participation in shaping South Korea’s crypto regulatory framework. A central bank offi...

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