The Bank of Korea released its 2025 Payment and Settlement Report, detailing progress on major payment infrastructure projects and future policy plans. It also includes reference sections on crypto-related incidents, notably the Bithumb over-crediting and the drivers behind sharp stablecoin price swings. The report places crypto-related payment incidents inside a wider financial infrastructure review rather than treating them as isolated issues. Upbit posted $1.08B in 24-hour spot volume, reinforcing its role as South Korea’s top exchange and a key retail demand signal.
The BoK’s approach indicates a shift toward integrated risk management across digital assets and core infrastructure, with policy and oversight considerations likely to follow. As regulators monitor crypto dynamics amid ongoing market developments, the report underscores the resilience priorities of the broader payment ecosystem.
The emphasis on exchange activity highlights how crypto markets intersect with traditional payment systems in Korea. This framing suggests regulators will advance integrated risk management and policy oversight to reflect crypto dynamics within the broader payment infrastructure.















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