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New bank federation leader urges lenders to seek mutual growth

The newly-appointed leader of the Korea Federation of Banks (KFB), Cho Yong-byoung, urged lenders to develop mutual growth plans that meet not only their objectives, but the public s expectations as well. He also asked the banking industry to reflect on whether they have fulfilled their social responsibilities. ....

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Turkmenistan, S.Korea explore ways to enhance cooperation in banking sector

Turkmenistan, S.Korea explore ways to enhance cooperation in banking sector
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South Korea's Crypto Exchanges Face New Reserve Mandate

Amidst a dynamic landscape in the South Korean crypto asset landscape, exchanges are bracing for changes, with the Korean Federation of Banks issuing… ....

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Chinese police vs. Web3, blockchain centralization continues: Asia Express

Chinese police have discovered a much more lucrative way to “extract” value from crypto executives than detaining them. ....

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FSC vice chief promotes Korean finance in Central Asia

Financial Services Commission (FSC) Vice Chairman Kim So-young is setting off for Central Asia with leaders of domestic financial firms, accelerating financial regulators efforts to support the firms overseas expansion. According to the FSC, Kim will visit two Central Asian countries - Uzbekistan and Kyrgyzstan - from Tuesday to Friday. This will be Kim s first time taking action to support financial firms entering the global market, following the Financial Supervisory Service (FSS) chief s recent five-day tour of Southeast Asia. ....

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