South Korean Banks ‘Sitting on Crypto Plans in Regulatory Limbo’

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South Korean Banks ‘Sitting on Crypto Plans in Regulatory Limbo’

South Korean financial institutions have formulated crypto business plans – but cannot go public with them due to a lack of regulatory clarity, claim bankers in the country.
News outlet Hangook Ilbo quotes an unnamed “senior official” at a South Korean bank as stating, “Banks in South Korea cannot reveal their plans for cryptoassets at this stage. We are currently  Read more »
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