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#Bank of Korea

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Bank of Korea Probes Financial Firms’ Exposure to Crypto Risks
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Bank of Korea Probes Financial Firms’ Exposure to Crypto Risks

Key Highlights: The Bank of Korea has initiated a stress-test survey evaluating how local financial institutions would withstand potential crises in the cryptocurrency sector, including market crashes and major exchange hacks. Major domestic lenders and digital banks, including KB Financial Group, Kakao Pay, and KakaoBank, continue advancing stablecoin and digital asset initiatives amid ongoing delays ...

LG CNS Partners with Chainlink to Scale South Korea’s Tokenized Finance and Stablecoin Markets
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LG CNS Partners with Chainlink to Scale South Korea’s Tokenized Finance and Stablecoin Markets

Key Highlights: LG CNS has partnered with Chainlink to establish technical standards and compliant blockchain infrastructure for South Korea’s financial institutions. The collaboration focuses on enabling cross-network interoperability, integration of real-world data, and advancing tokenized securities. LG CNS continues to expand its digital asset footprint, serving as the lead contractor for the Bank of Korea’s ...