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Tag: South Korea

RegWatch: South Korea’s Act on Reporting and Using Specified Financial Transaction Information…
An Overview by OhKims Law & Company l 법무법인 오킴스Continue reading on Merkle Science » Read full article
South Korea: Central Bank Launches Pilot Program for Digital Won
The Bank of Korea, South Korea’s central bank, has commenced a pilot project to study the modalities for the issuance of a central bank digital currency (CBDC).  CBDC Not an Immediate Need for South Korea According to an official press… Read full article
South Korea Launches Digital Currency Intiative as BIS Expects CBDC Adoption

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Over the past few months, there’s been a growing buzz about central bank digital currencies or centralized cryptocurrencies; responding to China’s efforts to digitize the yuan and the launch… Read full article
South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations
The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up. Read full article
South Korea’s Central Bank Initiates Pilot Scheme For Trialing Digital Won
The central bank of South Korea announced today the launch of a pilot scheme to test the viability of its own digital currency to replace its current payment systems.

Although the Bank of Korea explicitly notes that it has no… Read full article
Central Bank of South Korea Introduces Pilot Program for Testing Digital Won
Central Bank of South Korea Introduces Pilot Program for Testing Digital Won
Digital won will pass extensive testing by the Bank of Korea staff. Per the official announcement, the program will last until December 2021.
Central Bank of South… Read full article
South Korea's Central Bank Launches Digital Currency Pilot Program
The Bank of Korea announced on April 6 that it has launched a pilot program to assess the logistics of issuing a central bank digital currency — or CBDC.

While the South Korean central bank has no immediate plans to… Read full article
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