This marks the first time a major Asian central bank has created a dedicated committee specifically focused on both cryptocurrency AND stablecoin oversight while simultaneously preparing for CBDC implementation. The convergence of these three digital currency formats under centralized control represents an unprecedented level of financial surveillance infrastructure.
Bank of Korea Forms Crypto Committee: Digital Mark Infrastructure
📰 What Happened
The Bank of Korea has launched a virtual asset committee under its Financial Settlement Bureau to monitor cryptocurrency markets and stablecoin development. The initiative coincides with South Korean banks' plans to release won-pegged stablecoins by Q4 2025 or early 2026. The committee will oversee crypto market activity, support legislative efforts, and specifically monitor won-pegged stablecoins as part of a broader restructuring that includes renaming CBDC research teams for business operations.
📖 Prophetic Significance
The Bank of Korea's three-pronged approach (crypto monitoring, stablecoin regulation, and CBDC development) represents a critical timeline marker in the emergence of the prophesied economic control system. The restructuring of CBDC teams from 'research' to 'business operations' signals a shift from theoretical to implementation phase. The Q4 2025 timeline for won-pegged stablecoins aligns with Revelation 13's warning about economic control, as it creates the technological framework for a single authority to monitor and regulate all financial transactions. This consolidation of oversight powers specifically fulfills the 'no one can buy or sell' prerequisite.