
Search Results for: Bank of Korea
Bank of Korea rejects BTC reserve, announces CBDC tests
The BOK revealed that it will launch an experiment for its retail CBDC starting April, but it won't be jumping...
Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS
Bank of Korea is collaborating with LG CNS to develop a CBDC system for tokenized deposits, utilizing LG CNS's expertise,...
Bank of Korea governor urges banking regulators to introduce CBDCs
Bank of Korea Governor Rhee Chang-yong urges swift CBDC adoption to counter stablecoin risks, accelerating plans with launching 2024 retail...
Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment
The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...
Bank of Korea eyes 3 cities outside of Seoul for CBDC pilot
As the CBDC pilot launch reveals challenges, plans, and cautious approach, Bank of Korea moves closer to test real-world applications...
Bank of Korea taps Samsung to spearhead offline CBDC research
The partnership between Samsung and the Bank of Korea entails experimenting with offline payment functionality for CBDC, including studying the...
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