Korea (the Democratic People's Republic of) Stablecoin Regulation

Stage: No Framework/Banned

Regulator: Central Bank of the Democratic People's Republic of Korea

The Democratic People's Republic of Korea has no published domestic licensing framework for private cryptocurrencies or stablecoins. The Central Bank of the DPRK controls currency and banking; no public VASP or stablecoin issuance pathway has been identified. Crypto activity attributed to the state sits outside any recognised lawful domestic market regime.