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Bank of Korea Examines Virtual Asset Business Footprint and Risks at Banks and Securities Firms

Source: www.yna.co.kr Event types: Online/Update 、 Regulation/Compliance
The Bank of Korea plans to use the results as internal reference material to address the trend of gradually incorporating virtual assets into the regulatory framework. The bank's June Financial Stability Report also cautioned that the impact of virtual asset price volatility on the supply and demand for stocks and foreign exchange requires close monitoring.

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