CROWDFUNDINSIDER · 2026-11-05 16:56 UTC

Bank of Korea Initiates Review of Banks and Brokerages' Crypto Market Involvement and Associated Risks

South Korea's Bank of Korea launched its first systematic survey on October 23, targeting 18 banks and 13 brokerages to assess their involvement in crypto markets and associated risks. The questionnaire covers organizational setup, budgets, market-entry plans, investments in crypto companies, and risk management frameworks for virtual assets. The central bank is using stress scenarios to evaluate potential spillover effects, including exchange hacks, price crashes, and contagion from other institutions' losses.

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