South Korean exchanges have stepped up efforts in the market centered around United States dollar-pegged stablecoins.

South Korea’s Central Bank has raised concerns that South Korean won–pegged stablecoins could pose risks to the country’s ...

SEOUL, Jan. 23 (Xinhua) -- An increased volatility in the foreign exchange (FX) market was picked as the biggest systemic risk facing the South Korean economy, a central bank survey showed Friday.

South Korea’s efforts to weaken its currency by limiting banks’ FX positions will hurt local asset managers’ abilities to buy foreign currency bonds while having a limited impact on controlling the ...

The International Monetary Fund’s warning that Korea’s US dollar assets exposed to foreign-exchange risk are ...

Banks and other financial institutions will be temporarily exempt from the foreign exchange stability levy until June as part of government ...

Icap has entered into a strategic alliance with Korea Money Brokerage, Korea’s largest interdealer broker, with the aim of further developing electronic spot FX in the country. The alliance will offer ...

[EXPLAINER] Investors betting on U.S. stocks have become the primary targets of financial authorities that are struggling to rein in the won’s weakness against the U.S. dollar, sparking strong ...