Bank of Korea

Digital asset trading boom raises alarm in South Korea
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29 April, 2025

Digital asset trading boom raises alarm in South Korea

South Korea’s central bank has pledged to actively participate in ongoing stablecoin regulatory efforts, saying they threaten its monetary policies.
South Korea prepares for CBDC pilot, digital transformation
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28 March, 2025

South Korea prepares for CBDC pilot, digital transformation

South Korea commits to staying competitive in digitalization, with the BOK planning a CBDC pilot and the FSS looking at...
Bank of Korea rejects BTC reserve, announces CBDC tests
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20 March, 2025

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...
South Korea tests digital vouchers, blockchain for item recovery
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13 November, 2024

South Korea tests digital vouchers, blockchain for item recovery

South Korea’s central bank is partnering with half a dozen local banks to enable seamless settlement of voucher payments with...
South Korea commits $14.5 million to experiment with CBDC, digital vouchers
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23 June, 2024

South Korea commits $14.5 million to experiment with CBDC, digital vouchers

South Korea is doubling down on its blockchain investment, with the latest being a $14.5 million investment to explore CBDC...
Bank of Korea eyes wholesale CBDC, tokenized deposits with LG CNS
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24 December, 2023

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,...
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