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Digital Won

South Korean internet companies vie for digital currency pilot
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17 July, 2021

South Korean internet companies vie for digital currency pilot

Subsidiaries of Naver and Kakao are reported to have submitted proposals to run the 10-month blockchain pilot program, which will...
South Korea to launch digital currency pilot in August
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26 May, 2021

South Korea to launch digital currency pilot in August

Bank of Korea has opened an open bidding process as it seeks to team up with a technology supplier as...
South Korea’s Shinhan Bank trials new digital currency platform
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15 March, 2021

South Korea’s Shinhan Bank trials new digital currency platform

Shinhan Bank is hoping to collaborate with the central bank with the blockchain-powered platform, in order to assist with the...
Bank of Korea: Treat CBDCs as fiat, not virtual assets
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13 February, 2021

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 seeks partner to build its CBDC architecture
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3 September, 2020

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...
South Korea assembles advisory group to prepare for digital won
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16 June, 2020

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...
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