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Search Results for: Bank of Korea

Bank of Korea: Ethereum is insufficient as CBDC network
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11 November, 2022

Bank of Korea: Ethereum is insufficient as CBDC network

The Bank of Korea published a report revealing that its simulations of a digital won had proven Ethereum isn’t scalable...
South Korea: ICO ban likely to be lifted as Bank of Korea eyes EU’s MiCA
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2 September, 2022

South Korea: ICO ban likely to be lifted as Bank of Korea eyes EU’s MiCA

The central bank stated its intention in a paper it published reviewing the EU's Markets in Crypto Assets Act (MiCA),...
Samsung confirms participation in Bank of Korea CBDC pilot
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12 August, 2021

Samsung confirms participation in Bank of Korea CBDC pilot

The pilot, which began at the end of July, aims to build a platform for supporting a central bank digital...
Here’s how Bank of Korea’s CBDC pilot is taking shape, as explained by blockchain exec
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6 August, 2021

Here’s how Bank of Korea’s CBDC pilot is taking shape, as explained by blockchain exec

The pilot is to take part over two stages, with the initial basic testing phase set to conclude by December...
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...
Bank of Korea eyes CBDC amid improving blockchain tech
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23 May, 2020

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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