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Search Results for: Bank of Korea

Korea regulators pressure banks to release details on digital currency exchange clients
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11 May, 2021

Korea regulators pressure banks to release details on digital currency exchange clients

Regulators in South Korea have told the country’s banks to disclose details of their dealings with local digital currency firms,...
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...
South Korea’s K Bank aims for digital currency-fueled IPO in 2022
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7 March, 2021

South Korea’s K Bank aims for digital currency-fueled IPO in 2022

The South Korean startup bank is said to be experiencing rapid growth from its services, which senior executives think could...
South Korea banks and lawmakers call for new digital currency legislation
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13 October, 2020

South Korea banks and lawmakers call for new digital currency legislation

The National Assembly Seminar for the Virtual Asset Business Law argued the laws were needed to protect revenues and help...
South Korea central bank to begin testing digital currency in 2021
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12 October, 2020

South Korea central bank to begin testing digital currency in 2021

The Bank of Korea will begin pilot transactions in 2021 to determine the feasibility of rolling out a digital currency...
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...
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