South Korea’s central bank will reportedly launch a Virtual Asset Committee to monitor the crypto market and work with the government during the legislative process.

South Korea's central bank plans to establish a virtual asset team as it considers its approach to the crypto sector, according to a report by local news outlet News1 on Tuesday.

The Bank of Korea (BOK), South Korea’s central bank, has officially launched a Virtual Asset Division, also referred to as the “Cryptoassets Department” or “Virtual Asset Group.”The new ...

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