# BOK Related Articles

HTX News Center provides the latest articles and in-depth analysis on "BOK", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Golden Age VS Crisis Era? Bank of Korea Set to Hike Rates, Brokerage Margin Requirements May Increase 5-Fold

South Korea's financial authorities are taking coordinated action to cool an overheated and volatile stock market. The Bank of Korea is widely expected to raise its benchmark interest rate by 25 basis points to 2.75% on Thursday, which would be its first hike in approximately three and a half years since January 2023. Analysts predict further increases, potentially bringing the rate to 3.00% by year-end. This move aims to tighten market liquidity, raising costs for leveraged investments. Concurrently, major Korean brokerages have agreed to raise the minimum investment requirement for single-stock leveraged ETFs fivefold, from 10 million won to 50 million won, to curb excessive retail speculation. This follows extreme market swings focused on major chip stocks like Samsung Electronics and SK Hynix, which together account for nearly half of the KOSPI index's weight. The index itself has seen a dramatic 204% surge from its recent low. President Yoon Suk Yeol acknowledged market instability and urged regulators to address risks from leveraged products. Meanwhile, financial watchdogs are imposing new limits on stock-backed loans to individual investors to prevent bubble formation. These measures come as foreign investors have been massive net sellers this year, offloading a record $110 billion in assets, while domestic retail investors, using significant leverage, have been the primary buyers, absorbing the sales pressure. The government's multi-pronged strategy seeks to stabilize the market by restricting leverage, raising barriers, and tightening monetary policy.

Odaily星球日报07/15 09:28

Golden Age VS Crisis Era? Bank of Korea Set to Hike Rates, Brokerage Margin Requirements May Increase 5-Fold

Odaily星球日报07/15 09:28

Bank of Korea Urges Bank-Led Won Stablecoin Issuance

The Bank of Korea (BOK) has urged that the issuance of Korean won-pegged stablecoins should be led by commercial banks, warning that private issuance could undermine monetary policy and create foreign exchange and financial stability risks. In a report submitted to the National Assembly, the central bank described stablecoins as "currency-like substitutes" and emphasized that their rollout must consider broader economic impacts, not just industrial profits. The BOK expressed concerns that stablecoins could be used to circumvent foreign exchange regulations and stressed that non-bank issuers might conflict with Korea’s separation of banking and commerce principles. It recommended that banks, which are subject to strict regulatory standards, should be the primary issuers, with any expansion beyond banks proceeding cautiously after risk assessments. The report reflects ongoing debates among policymakers about who should be allowed to issue won stablecoins and echoes the BOK’s previous warnings on the matter. While acknowledging stablecoins' potential role in the digital asset revolution, the bank proposed structural safeguards, including a bank-focused consortium model and a statutory interagency policy body for oversight. The BOK cited the U.S. GENIUS Act as an example of cross-agency supervision. However, this bank-led approach has faced opposition from industry members, including some policymakers, who argue that clearer rules for issuers could sufficiently mitigate risks.

TheNewsCrypto02/23 12:52

Bank of Korea Urges Bank-Led Won Stablecoin Issuance

TheNewsCrypto02/23 12:52

South Korean stablecoin bill delayed Again, Here’s why

South Korea's Digital Asset Basic Act, which aims to regulate stablecoin issuance, has been delayed until 2026 due to a regulatory deadlock between the Financial Services Commission (FSC) and the Bank of Korea (BOK). The FSC favors a flexible approach to encourage innovation, while the BOK insists on stricter controls, including requiring stablecoin issuers to operate as consortia with banks holding at least 51% ownership. Disagreements also extend to reserve requirements, enforcement authority, and whether interest-bearing stablecoins should be permitted. The proposed bill mandates 100% reserves in safe assets and guarantees user redemptions. Despite the delay, major Korean banks are exploring won-pegged stablecoin consortia targeting 2026 launches. Currently, domestic stablecoin issuance remains illegal, leading to reliance on foreign tokens.

ccn.com12/30 10:24

South Korean stablecoin bill delayed Again, Here’s why

ccn.com12/30 10:24

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