South Korean Crypto Stablecoin Push Could Backfire, BOK Warns — Here’s Why
South Korea’s central bank has expressed caution over the potential consequences of issuing won-pegged crypto stablecoins, raising concerns that their ...
Tag: Bank of Korea
Crypto Exchanges In South Korea Roll Out Volatility Monitoring System
A consortium of leading cryptocurrency exchanges in South Korea has introduced a system designed to notify users about price volatility ...
Report: Bank Of Korea Authorized To Conduct Inspections On Crypto Firms
The Bank of Korea (BoK) can now investigate local crypto exchanges. According to a report, the bank has the authority ...
Bank Of Korea Successfully Completes First Phase Of CBDC Testing
The Bank Of Korea has effectively concluded the pilot testing of the issuance and distribution of their digital currency. It ...
Bank of Korea Begins Central Bank Digital Currency Rollout
Talk of CBDCs may have taken a back seat for many world central banks right now. Yet, despite claiming there ...
Bank of Korea Sees No Reason for Central Bank Digital Currency
Bank of Korea sees no need to generate a Central Bank Digital Currency (CBDC), an official shared the regulator’s position. ...
Has South Korea Joined the Central Bank Crypto Race?
The South Korean central bank is the latest in the list of national banks to reveal its intentions towards central ...
Bank of Korea Not Yet Ready for a Central Bank Digital Currency
Following an earlier announcement that South Korea was considering the introduction of a Central Bank Digital Currency (CBDC), the country’s ...
