Bank of Korea
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.
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.
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.
S. Korea's Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.
South Korea's Central Bank Is Building a New Blockchain System for the Bond Market
The Bank of Korea is reportedly looking to build a blockchain system for the Korean bond market.
Developed Countries Have Little Need for CBDCs, Says Bank of Korea Official
The Bank of Korea has again poured cold water on the idea of adopting a central bank digital currency, according to remarks made by an official of the central bank.
Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk
A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.
Bank of Korea: Central Bank Cryptocurrencies Pose 'Moral Hazard'
South Korea's central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy.
Survey: Younger Koreans More Likely to Invest in Crypto
Nearly a quarter of South Koreans in their 20s want to invest in cryptocurrencies, according to a new poll conducted by Bank of Korea.
