South Korea
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,...
Do Kwon’s extradition to US quashed by Montenegro court
The U.S. was in the lead in its race with South Korea for Do Kwon’s extradition, but an appellate court...
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...
South Korea’s notice for digital assets excludes NFTs, CBDCs
South Korea's Financial Services Commission mandates digital exchanges to offer interest on deposits from July 2024, excluding NFTs and CBDCs,...
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
The Financial Intelligence Unit has partnered with South Korea’s five leading exchanges to solicit reports on any unlicensed exchanges, after...
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