South Korea Considers Domestic Virtual Asset Issuance as Stablecoin Oversight Tightens

TLDR: South Korea allows residents to invest in overseas virtual assets while domestic issuance remains under review Regulators are considering a registration system for domestic institutions issuing virtual assets The central bank warns won stablecoins could bypass capital controls during exchange-rate volatility Retail CBDC seen as limited value given Korea’s advanced payment systems and existing [...]

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