South Korea scraps 2011 ‘kimchi bonds’ ban as dollar stablecoins demand soar locally

According to reports, South Korea has lifted a 14-year ban that prohibited domestic financial institutions from buying kimchi bonds in a bid to attract offsetting capital inflows. South Korea may have finally gotten past the hurdle of selecting a leader with the election of President Lee Jae-Myung, but it still has a lot to do […] source: https://www.cryptopolitan.com/south-korea-scraps-kimchi-bonds/