South Korea

Italy, South Korea sign MOU for CBDC, payment systems and ICT
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9 December, 2023

Italy, South Korea sign MOU for CBDC, payment systems and ICT

The central banks of Italy and South Korea have signed a memorandum of understanding for a central bank digital currency...
South Korea on the hunt for unlicensed digital asset exchanges
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7 December, 2023

South Korea on the hunt for unlicensed digital asset exchanges

The Financial Intelligence Unit has partnered with South Korea’s five leading exchanges to solicit reports on any unlicensed exchanges, after...
SK Telecom expands regional metaverse plan with new partnerships
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3 December, 2023

SK Telecom expands regional metaverse plan with new partnerships

South Korea’s SK Telecom joins forces with Celcom Digi, Agate, and Cosmic Technologies to expand its metaverse platform to a...
South Korea CBDC pilot launching in 2024 with over 100,000 participants
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30 November, 2023

South Korea CBDC pilot launching in 2024 with over 100,000 participants

The Bank of Korea will begin its retail CBDC pilot in 2024, testing use cases like payments for government grants...
Terraform Labs founder Do Kwon to be extradited by Montenegro
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28 November, 2023

Terraform Labs founder Do Kwon to be extradited by Montenegro

Following the approval, it is now up to Montenegro’s Minister of Justice to decide which country gets the first crack...
BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms
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27 November, 2023

BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms

The Bank for International Settlements general manager and the governor of South Korea’s central bank talked about the need for...
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