Bank of Korea wants to monitor crypto trading activity, cites monetary risks

by Aurelia Butler 13 May 2021, 12:20 169 Views

According to a report by The Korea Herald on Thursday, the BOK is seeking authority under Article 87 of the country’s central bank Act, stating: “We plan to utilize our legal authority over requesting document submittal from financial institutions to monitor the volume of cryptocurrency transactions made through bank accounts.”

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Source: Cryptocurrency - investing.com

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Bank of Korea wants to monitor crypto trading activity, cites monetary risks

New York City is latest to adopt an 'auto IRA' to enroll workers without a job-based retirement plan

Can Cardano Become The Third Biggest Crypto After Ethereum And Bitcoin?

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