Search Results for: Bank of Korea

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.
Bank of Korea working on blockchain for issuing bonds
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19 February, 2020

Bank of Korea working on blockchain for issuing bonds

The South Korean central bank has reportedly been working on a pilot for a system that would issue and record...
South Korean banks explore stablecoin alternatives as CBDC research picks up steam
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1 August, 2023

South Korean banks explore stablecoin alternatives as CBDC research picks up steam

As stablecoins face heightened scrutiny from regulators, South Korean commercial banks are in the race for a worthy alternative as...
South Korea: Major banks team up to create security token after greenlight from financial regulator
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25 June, 2023

South Korea: Major banks team up to create security token after greenlight from financial regulator

The alliance headed by NongHyup Bank plans to launch a platform for issuing token securities in the coming months, as...
Paycoin in a race to secure banking partnership after South Korea license suspension
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19 January, 2023

Paycoin in a race to secure banking partnership after South Korea license suspension

Paycoin, whose token is used in South Korea for payments, was ordered to secure a bank partner or have its...
South Korea central bank pushes for stablecoin regulation
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11 December, 2022

South Korea central bank pushes for stablecoin regulation

Bank of Korea stated that stablecoins pegged to foreign currencies have to comply with the foreign exchange laws of South...
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