South Korea's central bank warns: The impact of the cryptocurrency market may spread to traditional financial markets

According to the National Daily, the Bank of Korea (central bank) warned in its "Financial Stability Report for the First Half of 2026" that as the correlation between the cryptocurrency market and traditional markets increases, the impact of the crypto market may spill over into traditional stock and foreign exchange markets. The central bank's analysis pointed out that due to a more diversified investor base and the evolving market structure, the likelihood of the crypto market transmitting risks to the traditional financial sector is rising.