South Korea's Digital Won Project Sees First Trial Stage Completed
In a press release issued on Monday, the Bank of Korea (BOK) said that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won…
Samsung To Aid Bank Of Korea In Central Bank Digital Currency Pilot Program
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will…
Bank Of Korea Initiates CBDC Pilot Plan On Samsung Galaxy Smartphones
Bank of Korea has announced a pilot plan to launch its CBDC (Central Bank Digital Currency) through the Galaxy smartphones of Samsung Electronics, a South Korean multinational electronics company. The Central…
South Korea Seeks Tech Partner To Build The Pilot Program For CBDC
According to a Reuters report, South Korea’s central bank on Monday said it would choose a technology supplier to build a pilot platform for a digital currency, moving a step…
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Bank Of Korea Seeking Technology To Develop Digital Currency
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for…
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Bank Of Korea To Monitor Crypto Transactions Using Financial Records
South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the real economy,…