Coral snakes are a large group of elapid snakes that can be subdivided into two distinct groups, Old World coral snakes and New World coral snakes. There are 16 species of Old World coral snake in three genera (Calliophis, Hemibungarus and Sinomicrurus), and over 65 recognized species of New World coral snakes in three genera (Leptomicrurus, Micruroides, and Micrurus). Genetic studies have found that the most basal lineages are Asian, indicating that the group originated in the Old World. (source)