
Bank of Korea
Bank of Korea: Treat CBDCs as fiat, not virtual assets
The Bank of Korea has said central bank digital currencies are not virtual assets, but an alternative form of fiat...
South Korea central bank to begin testing digital currency in 2021
The Bank of Korea will begin pilot transactions in 2021 to determine the feasibility of rolling out a digital currency...
South Korea central bank seeks partner to build its CBDC architecture
Bank of Korea is looking for a firm to partner with on the CBDC’s second phase which involves building the...
Korean central bank launches blockchain and AI department
Bank of Korea is seeking to step up its digitalization efforts with the launch of a new department that will...
South Korea assembles advisory group to prepare for digital won
The panel will decide which laws may need to be amended to guarantee a smooth launch of a South Korean...
Bank of Korea eyes CBDC amid improving blockchain tech
Developments in payment settlements were pushing central banks towards taking a more serious look at digital currencies.
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