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South Korea
Regulation News
South Korea
Regulation News

South Korea’s Digital Won In Works; Bank Of Korea Sets Up A CBDC Advisory Group

South Koran central bank, Bank of Korea sets up a committee of six to probe the legalities pertaining to the launch of a potential CBDC.  South Korean CBDC In The Works? Central Bank Digital Currency popularly known as CBDC has evidently become a new field of interest for many countries. While authorities have been dissing

South Koran central bank, Bank of Korea sets up a committee of six to probe the legalities pertaining to the launch of a potential CBDC.  South Korean CBDC In The Works? Central Bank Digital Currency popularly known as CBDC has evidently become a new field of interest for many countries. While authorities have been dissing

South Korea
Blockchain News
South Korea
Blockchain News

Bank Of Korea Prioritizing Blockchain And CBDCs In Their 10-Year Plan

The central bank of South Korea, Bank of Korea (BOK), has announced its mid-to-long-term development strategy titled, the BOK 2030, to “respond more quickly to digital changes and internal and external financial and economic environments.”  Bank Of Korea Working On Plan 2030 The transformative plan highlights the goals and tasks of the central bank in the

The central bank of South Korea, Bank of Korea (BOK), has announced its mid-to-long-term development strategy titled, the BOK 2030, to “respond more quickly to digital changes and internal and external financial and economic environments.”  Bank Of Korea Working On Plan 2030 The transformative plan highlights the goals and tasks of the central bank in the

Regulation News
Regulation News

BOK Planning to Launch Own Digital Currency & Crypto Guidelines by June

The Bank of Korea (BOK) expressed its interest in introducing a Central Bank Digital Currency and guidelines on the cryptocurrencies within the first half of this year. The bank has also stated that a trial test would be first conducted before launching the digital currency. Bank of Korea (BOK) considering a central bank digital currency

The Bank of Korea (BOK) expressed its interest in introducing a Central Bank Digital Currency and guidelines on the cryptocurrencies within the first half of this year. The bank has also stated that a trial test would be first conducted before launching the digital currency. Bank of Korea (BOK) considering a central bank digital currency