South Korea’s Central Bank Launches Crypto Assets Department: What Will It Focus On?

Jakarta, Pintu News – On July 30, 2025, the Bank of Korea (BOK) announced the establishment of the Crypto Assets Department, a major step in the supervision and regulation of digital assets by South Korea’s central bank.

The new department will focus on monitoring crypto markets, stablecoins, and related legislation, marking a new era in the management of digital finance in the country.

Check out the full information in this article!

New Department for the Digital Age

The new Crypto Asset Department will operate under the BOK’s Financial Settlement Bureau in Seoul. Its main goal is to enhance the bank’s supervision of the crypto market and prepare for regulation and innovation in digital finance.

The move also reflects growing interest in stablecoins tied to the Korean won and a change in approach to central bank digital currencies (CBDCs).

The day after the department’s launch, BOK’s Digital Currency Research Laboratory will be renamed the Digital Currency Laboratory. The lab will begin usability testing of tokenized assets, marking an important step in BOK’s exploration of new financial technologies.

Also read: 4 Altcoins that Crypto Whale Bought Ahead of July FOMC Rate Announcement

Central Bank Digital Asset Strategy

BOK Governor, Rhee Chang-yong, has previously stated that “deposit tokens are essentially stablecoins issued by banks.” This statement signals the central bank’s growing interest in private sector digital currency collaboration.

This institutional restructuring reflects BOK’s strategic shift from mere observation of the digital asset market to active participation.

The Department of Crypto Assets will coordinate with the South Korean Financial Services Commission on the regulation of stablecoins, as the popularity of digital currencies tied to the Korean won increases among major tech companies and financial institutions.

Also read: 3 Crypto that can surpass the rise of Ethereum (ETH), potentially up 15,000%!

Political and Regulatory Context

The launch of the department coincides with the South Korean National Assembly’s consideration of a new stablecoin regulatory framework. Both major political parties have proposed a new draft stablecoin regulation, which gives more oversight to the Financial Services Committee.

Critics argue that this could reduce the BOK’s influence over monetary policy. Meanwhile, major tech companies in Korea have registered trademarks for stablecoins backed by KRW, looking ahead to upcoming legislation. This move shows their readiness in the face of anticipated regulatory changes.

Conclusion

With numerous changes and new developments in the digital finance sector, Bank of Korea is demonstrating its commitment to staying relevant and proactive in the face of ever-changing market dynamics. The Crypto Asset Department and other related initiatives of the BOK mark an important step in the adaptation and integration of future financial technologies.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app through Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. South Korean Central Bank Unveils Cryptoassets Department. Accessed on July 30, 2025
• Featured Image: Generated by AI