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TechFlow, July 30 — According to The Block, the Bank of Korea has established a Virtual Asset Division to regulate the cryptocurrency market and lead internal discussions on local currency-pegged stablecoins. The report states that in addition to creating this new division, the central bank has also renamed its existing digital currency team, signaling a more proactive stance toward its digital currency initiatives.
According to The Block, the Bank of Korea has established a virtual asset division to regulate the cryptocurrency market and lead internal discussions on local currency-pegged stablecoins. The report states that in addition to creating the new virtual asset division, the Bank of Korea has also renamed its existing digital currency team, signaling a more proactive stance toward its digital currency initiatives.
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