South Korea has launched a 9.6 billion won project to expand its CBDC-based deposit token payment system into everyday commercial payments, building on the Bank of Koreaβs earlier pilot program. South Koreaβs Korea Internet & Security Agency (KISA) and theβ¦
South Korean tax officials have proposed amendments to the countryβs Criminal Procedure Act to establish a legal framework for seizing self-custodied digital assets, arguing that existing rules do not adequately cover wallets controlled through private keys. According to Digital Asset,β¦
South Korea has unveiled a roadmap to make the Korean won a freely convertible currency, pairing foreign exchange reforms with a legal framework for won-backed stablecoins and new digital payment infrastructure. According to a July 19 report from local mediahouseβ¦
South Korea plans to give every citizen free, unlimited access to a domestically powered AI chatbot, with a September beta and a separate agent designed to help people navigate government services.