The Bank of Korea's June 2026 Financial Stability Report noted that cryptocurrency and traditional stock market movements become more closely correlated during periods of financial stress, such as during the COVID-19 pandemic and 2022 rate hikes.

From the articleBank of Korea Surveys Banks, Brokerages on Crypto Businesses, Hacking RisksAlso in Bank of Korea questions 31 financial firms over crypto hack, market risks, Bank of Korea quizzes 31 financial firms on crypto shock scenarios, Bank of Korea Weighs How Its Banks Would Weather a Crypto Exchange Hack - Unchained
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