South Korea's financial regulator seeks to mandate banks as custodians for customers' VASP deposits under new Act, while excluding certain tokens such as electronic bonds, mobile gift certificates, and CBDC-linked deposit tokens.

South Korea's financial regulator seeks to mandate banks as custodians for customers' VASP deposits under new Act, while excluding certain tokens such as electronic bonds, mobile gift certificates, and CBDC-linked deposit tokens.

Blockworks •

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