bok

🇰🇷 South Korea’s Crypto Shake-Up: Banks vs. Tech?
Big changes are happening in Seoul. The Bank of Korea (BOK) is finally looking into letting institutions issue their own crypto—but they are moving with serious caution.
Here is the simple version of what is going on:
1. The Big Worry: "Capital Flight" 💸
The central bank is nervous about won-denominated stablecoins. Why? They fear these digital assets could make it too easy to move money out of the country, bypassing strict rules meant to protect the economy.
2. The Regulatory Battle 🥊
Regulators are split on who should run the show:
Team Bank: Wants traditional banks to control stablecoins to keep things safe.
Team Tech: Wants more freedom for Big Tech companies to innovate.
3. The Green Light 🟢
Despite the drama, the market is moving forward! For the first time in years, companies are getting the green light to trade crypto, and projects pegged to the Korean Won are already popping up.
The Big Question:
If you were a regulator, who would you trust to issue stablecoins—a 100-year-old Bank or a cutting-edge Tech Giant?
Drop your thoughts below! 👇
#SouthKorea #Stablecoins #BOK #FutureOfFinance #CryptoNewss

South Korea's Central Bank Eyes KRW Stablecoin!**
> BOK Governor Lee Chang-yong meets major bank CEOs next week (June 23) in Seoul.
> 🔍 Key topic: Potential issuance of a Korean Won (KRW)-pegged stablecoin.
> ⚠️ Previously cautious due to monetary policy & stability risks.
> \#BOK #StablecoinDebate #KRW #SouthKorea #CryptoNews
**BREAKING: South Korea's Central Bank Set to Discuss Won Stablecoin**
> BOK Governor Lee Chang-yong convenes bank leaders June 23rd to explore KRW-pegged stablecoin issuance.
> Vice Gov. Park Jong-woo (monetary policy chief) to join.
> A shift from prior caution over non-bank sector risks.

$KGEN #bok gibisin

What makes this world, Crypto, unique is the chances that come every time and then.
We all missed #btc and#sol .
Lots missed #doge and #ShinaInu .
A brand 2024 GEM has been launched.
#BOK is the next landmark in memecoins.
A rocket 🚀 that will take lots with him to the moon 🌕.
Check out their website for more info.

https://www.bonklana.com
———————————————————
NFA

The Bank of Korea (BOK) has been implementing a policy of gradual interest rate hikes to address persistent inflation while considering economic growth and financial stability.

Here are the key points behind this approach:

1. Inflation Control

· Korea’s inflation has remained above the BOK’s target (around 2%) for an extended period, driven by high energy prices, supply chain issues, and strong domestic demand.
· Gradual rate increases aim to curb inflation expectations without severely disrupting economic activity.

2. Economic Growth Considerations

· The BOK is mindful that aggressive tightening could slow down economic recovery, especially given global uncertainty and household debt levels.
· A measured pace allows time to assess the impact of each hike on consumption, investment, and employment.

3. Financial Stability

· Household debt in Korea is high, and sharp rate rises could strain borrowers’ repayment capacity.
· Gradual hikes give households and businesses time to adjust.

4. External Factors

· The BOK considers the monetary policies of major central banks (especially the U.S. Federal Reserve) to avoid excessive capital outflow or exchange rate volatility.

5. Forward Guidance

· The BOK has communicated its intention to raise rates gradually to manage market expectations and reduce uncertainty.

---

Recent Context

· The BOK began its tightening cycle in August 2021, raising the base rate from a record low of 0.5%.
· After several hikes, the rate reached 3.50% in early 2023, where it was held steady for some time to observe effects.
· Depending on inflation and growth data, further gradual hikes or a prolonged pause remain possible.

---

Summary:
The BOK’s “gradual rate hike” strategy balances inflation control with growth and stability concerns, adjusting pace based on domestic and global economic conditions.
$BANK
#bank #BOK #Binance

South Korean Stablecoin: Digital Won Challenging USDT?
Stablecoins are heating up the South Korean market as $19.6 billion worth of stablecoins left the country in Q1 2025 (March 28, 2025), prompting the Bank of Korea (#BOK ) to develop a publicly linked blockchain deposit token. With USDT and USDC dominating, this move opens up opportunities for a competitive digital won!
Stablecoins and New Trends
Deputy Governor Lee Jong-ryeol warns that the flow of private stablecoins, with Tether accounting for 70% of the global market share, could undermine South Korea's monetary sovereignty. In response, the BoK is building a blockchain-based deposit token that directly competes with USDT and #USDC . This token, backed by the won, ensures financial stability and transparency, leveraging blockchain technology for fast transactions and low fees. According to Chainalysis (2024), South Korea has 1.8 million crypto users, with $500 million in stablecoin transactions each quarter, indicating significant potential.
Attractive Investment Opportunities
The digital won token could attract investors due to its stability and support from the BoK. Stablecoins currently account for 10% of the global crypto market capitalization (Statista, 2025), with USDT and USDC leading due to their liquidity. TradingShot predicts that stablecoins will grow by 20% in Q4/2025, especially if South Korea successfully implements the won token. The Blockchain Seoul 2025 conference is an opportunity to monitor this trend.
The information in this article is for reference only; please conduct thorough research (DYOR).

Title: South Korea Gives Green Light to Stablecoin – Positive Signals for the Future of Crypto?

The cryptocurrency market has just received an optimistic signal from Asia: The Bank of Korea (#BOK ) announced that it will "actively participate" in the process of building laws regarding stablecoins.

In a newly released report, the BOK emphasized that stablecoins, unlike other virtual assets, are gradually becoming a real payment tool, and therefore, need to be tightly regulated to minimize financial and monetary risks.

This indicates that instead of suppression, South Korea is choosing a path of cooperation and smart regulation, paving the way for sustainable development in the crypto industry. The recognition of #stablecoin by major financial authorities like the BOK as part of the payment system is a significant step forward, especially in the context where many countries still remain cautious about digital assets.

Signals for the long term:

✅ Stablecoins are seen as a bridge between traditional finance and blockchain

✅ Central banks are no longer on the sidelines

✅ Public-private partnerships in the cryptocurrency sector are becoming increasingly evident

This is a sign that the scale and influence of crypto will continue to expand in the long term, as governments gradually shift from a cautious attitude to collaboration and smart regulation. With this trend, users and investors can expect a safer, more transparent, and robust environment for digital assets.

The cryptocurrency market is highly volatile and not suitable for everyone. Users should carefully consider risks and do their research before investing.
#anhbacong

South Korea's FSC supports BOK-led stablecoin issuance proposal with majority bank ownership

According to the Korea Times, the Financial Services Commission (FSC) has shifted its stance to support the Bank of Korea's (BOK) core proposal, which strictly limits the issuance rights of won-denominated stablecoins to consortia where banks hold a majority stake.

The proposal requires banks to hold more than 50% ownership in the stablecoin issuance consortium, thereby securing absolute control. However, to accommodate innovation needs, the bill also allows technology companies to become the single largest shareholder within the consortium.

Additionally, the proposal sets strict capital requirements for stablecoin issuers, mandating at least 500 billion KRW (approximately 3.7 million USD) in paid-in capital, with the possibility of increasing this threshold in the future based on market developments.

However, despite consensus among financial regulators, the proposal has encountered resistance during the legislative process. Some members of parliament, including those from the ruling Democratic Party, have clearly expressed opposition.

To break the deadlock, lawmakers are expected to establish a special task force to study and propose alternative regulatory frameworks. This move aims to reconcile the differing positions between regulators and certain legislators regarding control risk.

Moreover, the proposal not only addresses control rights for stablecoin issuers but also plans to impose stricter regulatory obligations on cryptocurrency exchanges. These include raising technical stability standards, mandating compensation for user losses caused by hacking incidents, and imposing punitive fines of up to 10% of annual revenue.

In summary, while South Korea's FSC leans toward establishing a highly cautious issuance system led by traditional banks in stablecoin regulation, legislative resistance means the final regulatory framework will need to strike a difficult balance among financial security, technological innovation, and political consensus.

#FSC #BOK