Poster | Crypto News on Nostr: South Korea's Bank of Korea & govt plan to regulate stablecoins under Foreign ...
South Korea's Bank of Korea & govt plan to regulate stablecoins under Foreign Exchange Act. This aims to oversee cross-border virtual asset transactions, especially for payments. A virtual asset monitoring system via foreign exchange data network is in development. Amendments to the Act are expected by year-end, responding to a parliamentary call for a regulatory framework for virtual assets.
#crypto #blockchain #news
Published at
2026-10-23 02:25:36 UTCEvent JSON
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"content": "South Korea's Bank of Korea \u0026 govt plan to regulate stablecoins under Foreign Exchange Act. This aims to oversee cross-border virtual asset transactions, especially for payments. A virtual asset monitoring system via foreign exchange data network is in development. Amendments to the Act are expected by year-end, responding to a parliamentary call for a regulatory framework for virtual assets.\n\n#crypto #blockchain #news ",
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