bank of-korea

Policy

Regulations

South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says

The Bank of Korea says companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas.

By Sandali Handagama

Sponsored

Aug 30, 2022 at 11:10 a.m. UTC

Aug 30, 2022

regulationsSouth KoreaICOBank of Korea

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Markets

South korea

Bank of Korea Chooses Ground X as Supplier for CBDC Pilot: Report

South Korea's central bank has picked a blockchain subsidiary of internet giant Kakao.

By Jamie Crawley

Sponsored

Jul 20, 2021 at 12:12 p.m. UTC

Jul 20, 2021

South KoreaBank of KoreaCBDCs

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Markets

South korea

3 Firms Vie to Develop South Korea's CBDC Pilot

BOK will base its evaluation on the technological capacity of each firm.

By Felix Im

Sponsored

Jul 13, 2021 at 3:57 p.m. UTC

Jul 13, 2021

South KoreaBank of KoreaCBDCs

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Markets

South korea

Bank of Korea Sees Threat to Financial System in Leveraged Crypto Trading

The central bank governor has pledged to monitor transactions of Korea's financial institutions associated with leveraged crypto trading.

By Jamie Crawley

Sponsored

May 27, 2021 at 8:34 a.m. UTC

May 27, 2021

South KoreaCentral BankRegulationBank of Korea

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Markets

South korea

South Korea’s Central Bank to Choose Supplier for Digital Currency Pilot

The Bank of Korea is looking for a technology supplier to explore a digital currency in a test environment.

By Jamie Crawley

Sponsored

May 24, 2021 at 9:06 a.m. UTC

May 24, 2021

South KoreaCBDCBank of Korea

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Markets

South korea

South Korea’s Central Bank Seeks Authority to Monitor Crypto Transactions: Report

The Bank of Korea hopes to start as early as September, an official said.

By Jamie Crawley

Sponsored

May 13, 2021 at 8:50 a.m. UTC

May 13, 2021

South KoreaRegulationBank of Korea

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Markets

Cbdc

CBDCs Will Reduce Demand for Bitcoin, Says South Korea Central Bank Chief

Bank of Korea Governor Lee Ju-yeol says once central bank digital currencies (CBDC) are introduced, the demand for cryptocurrencies like bitcoin fall.

By Sandali Handagama

Sponsored

Mar 26, 2021 at 5:38 p.m. UTC

Mar 26, 2021

CBDCBank of KoreaGlobal Macro

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Markets

South korea

Bank of Korea Chief on CBDC: Better Right Than Fast

By Sandali Handagama

Sponsored

Feb 25, 2021 at 4:43 p.m. UTC

Feb 25, 2021

South KoreaCBDCBank of KoreaGlobal Macro

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Policy

South korea

Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets

Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates.

By Jamie Crawley

Sponsored

Feb 8, 2021 at 3:13 p.m. UTC

Feb 8, 2021

South KoreaBank of KoreaCBDCs

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Policy

South korea

South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot

The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.

By Daniel Palmer

Sponsored

Aug 31, 2020 at 1:21 p.m. UTC

Aug 31, 2020

South KoreaCentral BankingBank of KoreaCBDCs

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