2023-10-4 16:21 |
The Bank of Korea (BOK) is partnering with the FSC and FSS to explore CBDC implementation
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The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers.
2023-11-24 13:18 | |
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The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers.
2023-11-23 13:18 | |
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Little more than a week before the global launch of China's CBDC, a neighbouring country has announced the "successful" completion of a CBDC pilot. CBDCs over Flowers According to The Korea Herald, The post Days before Beijing 2022, cautious South Korea completes first phase of CBDC pilot appeared first on AMBCrypto.
2022-1-24 15:30 | |
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South Korea’s central wants to carry out a testnet for its central bank digital currency (CBDC). According to the announcement, the main reason for the test is to test whether CBDC can be used for settlement and remittance for goods and services.
2021-5-24 13:18 | |
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South Korea is moving to start a pilot program for a digital won
2021-5-24 07:19 | |
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The Bank of Korea will conduct simulation experiments for its CBDC in the second half of 2021, according to information on its official site. This marks yet another country ramping up its efforts to test and launch a CBDC.
2021-4-28 08:50 | |
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A private version of Klaytn is in being developed in order to take part in South Korea's CBDC pilot, to be launched later this year.
2021-4-26 11:04 | |
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Блокчейн-проект Klaytn южнокорейского интернет-гиганта Kakao объявил о стратегическом партнерстве с Ethereum-студией ConsenSys. Beginning today, #Klaytn will be partnering with @Consensys to advance development of Korea's CBDC while working to strengthen Klaytn's scalability by enhancing our interoperability with the #Ethereum network.
2021-4-25 15:21 | |
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Ли Джу Ель считает, что криптовалюты ограничены с точки зрения их способности функционировать в качестве средства платежа. Глава Банка Кореи Ли Джу Ель выразил уверенность, что выпуск национальных цифровых валют мировыми Центробанками (CBDC) приведет к снижению спроса на биткойн и другие криптовалюты, сообщает Coindesk Korea.
2021-3-31 18:30 | |
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Глава Банка Кореи Ли Джу Ель выразил уверенность, что выпуск национальных цифровых валют мировыми Центробанками (CBDC) приведет к снижению спроса на биткоин и другие криптовалюты, сообщает РБК Крипто со ссылкой на Coindesk Korea.
2021-3-31 17:58 | |
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The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More
2021-3-27 15:00 | |
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Shinhan Bank of South Korea has announced the completion of its central bank digital currency (CBDC) pilot. The project was carried out in conjunction with LG CNS and the team claims the pilot is in a bid to get the bank ready for the eventual launch of the nation’s digital won by the Bank ofRead More
2021-3-11 02:00 | |
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South Korea’s Shinhan Bank will collaborate with the country’s central bank to issue a Korean Central Bank Digital Currency (CBDC). According to reports emerging from local South Korean media, The post South Korea's Shinhan Bank collaborates with LG to build CBDC platform appeared first on AMBCrypto.
2021-3-10 16:45 | |
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Korea’s apex bank has announced the pilot phase for its CBDC. According to a spokesperson, the BOK will begin conducting tests within a controlled environment. The spokesperson stated that this would ensure the new digital currency’s workability and safety.
2021-2-10 17:49 | |
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South Korea’s plans for its experimental central bank digital currency (CBDC) project also includes efforts to contribute to the expanding body of knowledge dedicated to sovereign digital currencies.
2021-2-9 02:00 | |
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The development of Central Bank Digital Currencies (CBDC) has blossomed in the past few years, with countries like China in the advanced stages of its digital Yuan and Japan, Korea, and the US in their research phase for their respective fiat currencies.
2020-10-20 05:00 | |
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The Central Bank of South Korea has announced that it will commence the distribution phase of its CBDC next year, marking the final stretch of the 22-month scheduled initiative. First reported by the Korea Herald, the Bank of Korea (BOK) intends to run the distribution of its blockchain-based CBDC up to December 2021.
2020-10-8 19:33 | |
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The Bank of Korea will test the central bank-issued digital currency (CBDC) next year. South Korea is aiming to catch up with neighboring China in its digital currency journey.
2020-10-11 18:56 | |
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Банк Кореи протестирует свою цифровую валюту в следующем году. Об этом пишет The Korea Herald со ссылкой на собственное заявление регулятора.
2020-10-8 11:00 | |
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South Korea’s central bank, Bank of Korea (BOK) which had earlier established a central bank digital currency (CBDC) pilot program, has now announced that it planned to speed up the process by startThe post Bank of Korea to begin testing CBDC appeared first on AMBCrypto.
2020-10-8 19:22 | |
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Южнокорейский ЦБ начнет последний этап тестирования собственной цифровой валюты (CBDC) в следующем году, сообщает местное издание The Korea Herald со ссылкой на заявление регулятора. Пилотная программа разделена на три фазы.
2020-10-8 16:08 | |
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With phase one of its central bank digital currency (CBDC) experiment complete, the Bank of Korea (BOK) is looking forward to testing the token distribution system in 2021. Despite the ongoing CBDC trials, South Korea’s central bank says it is not looking to launch a sovereign digital currency.
2020-10-7 14:34 | |
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The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch.
2020-10-8 14:19 | |
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В следующем году Банк Кореи (BoK) проведет тестирование своей цифровой валюты центрального банка (CBDC). Об этом сообщает The Korea Herald со ссылкой на опубликованное 7 октября заявление BoK.
2020-10-7 13:13 | |
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Top Japanese bankers and officials say digital currency development is a top priority now as the country “trails behind” China and South Korea in similar projects, according to a report by Japan Today.
2020-9-7 15:49 | |
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The Bank of Korea (BoK) has advanced its Central Bank Digital Currency (CBDC) initiative following a recent call for collaboration with a private consultancy. This move will set ground for the second phase of South Korea’s CBDC with a speculated pilot launch in 2021.
2020-9-1 17:30 | |
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Центральный банк Южной Кореи решил ускорить разработку собственной цифровой валюты. Как уточняет издание Korea Times, криптовалюта ЦБ (CBDC) будет запущена в противовес цифровому юаню, запуск которого должен состояться в ближайшее время.
2020-9-5 15:51 | |
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Центральный банк Южной Кореи решил ускорить разработку собственной цифровой валюты. Как уточняет издание Korea Times, криптовалюта ЦБ (CBDC) будет запущена в противовес цифровому юаню, запуск которого должен состояться в ближайшее время.
2020-9-1 14:33 | |
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South Korean central bank, the Bank of Korea (BOK), recently revealed details for a consulting partnership that it now seeks. The partnership comes as a part of the next stage in preparations for the launch of its own CBDC.
2020-9-2 14:06 | |
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The central bank of South Korea, the Bank of Korea, is moving towards the technical phase in their concerted effort to pilot a central bank digital currency (CBDC)–the digital won, and will pick a consulting partner a month after completing the review of the first phase reports The Korea Times on Aug 31.
2020-9-1 13:00 | |
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South Korea’s central bank has disclosed details for a proposed consulting partnership as part of its second stage of preparation for launching a central bank digital currency (CBDC). According to the Bank of Korea (BOK), the desired consulting partner will be a local firm that will help the BOK build the architecture for the proposed […] The post Bank of Korea Set to Select CBDC Pilot Program Consulting Partner appeared first on BeInCrypto.
2020-9-1 10:00 | |
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Банк Кореи определит потенциального партнера, который поможет создать системную архитектуру цифровой валюты центрального банка (CBDC). Этому предшествовало проектирование и определение требований к разработчику цифровой воны, сообщает The Korea Times.
2020-8-31 20:09 | |
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Many countries around the world have been making significant progress in terms of their developmental efforts for their own central bank digital currency [CBDC]. China is to unveil its Digital CurrencThe post Bank of Korea announces legal advisory panel for CBDC appeared first on AMBCrypto.
2020-6-16 20:00 | |
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South Korea’s central bank, the Bank of Korea (BOK) has set up a legal advisory committee that will look into any possible regulatory roadblocks when issuing its planned central bank digital currency (CBDC).
2020-6-16 19:07 | |
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This is part of a series of initiatives being launched by the central bank...
The post Bank of Korea launches legal advisory panel for CBDC development appeared first on Coin Journal.
2020-6-15 16:37 | |
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The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.
2020-6-15 15:17 | |
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South Korea’s central bank plans to conduct an in-depth review of the modalities required for issuing a central bank digital currency (CBDC). The news is the latest example of the country’s focus on digital innovation amid the backdrop of China’s advancement in the CBDC sphere.
2020-6-16 14:02 | |
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Центробанк Южной Кореи сформировал консультативную группу, которая должна дать оценку правовым вопросам, связанным с запуском CBDC. Согласно пресс-релизу Bank of Korea (BOK), в состав группы войдут шесть экспертов – три профессора, два юриста и один сотрудник этого банка.
2020-6-16 13:36 | |
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The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency.
2020-6-16 12:40 | |
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The South Korea central bank, the Bank of Korea (BoK) recently released a paper detailing its research into the adoption and advancement of central bank digital currency (CBDC) across different central banks globally.
2020-5-21 01:00 | |
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Quick take: The three major economies of China, France, and South Korea have recently been linked with expressing interest in launching their own Central Bank Digital Currencies. Interest in crypto by private citizens has risen slowly but surely after numerous signs of a global recession.
2020-4-11 16:29 | |
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On April 6, South Korea’s central bank has made the announcement that it started a pilot program for assessing the logistics of a central bank digital currency (CBDC). While the bank doesn’t plan to introduce a CBDC very soon, it still had created the pilot scheme to make sure that it’s prepared to do just […]
2020-4-7 19:01 | |
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Bank of Korea sees no need to generate a Central Bank Digital Currency (CBDC), an official shared the regulator’s position. Despite the overwhelming presence of cryptocurrency projects in South Korea, the country’s central bank is skeptical of the drive for CBDCs.
2020-2-7 17:00 | |
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South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology.
2019-12-28 20:15 | |
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It seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll out the crypto krona gather pace. e-Krona Pilot Partnership Sweden’s central bank is poised to sign a deal with multinational professional services company Accenture to begin pilot testing its CBDC, the e-krona.
2019-12-14 10:51 | |
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The South Korean central bank is the latest in the list of national banks to reveal its intentions towards central bank crypto (CBDC). South Korea Joins Crypto Research Race According to local media, the Bank of Korea has begun hiring crypto-asset experts signaling that the central bank may begin developing its own CBDC.
2019-12-13 11:00 | |
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China sparked a debate that is spreading like wildfire throughout the world. With the developments surrounding Beijing's Digital yuan, a project which has been in development for over a year, competinThe post China, Europe will lead CBDC race as South Korea opts out appeared first on AMBCrypto.
2019-11-1 16:00 | |
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What do we know about North Korea’s cryptocurrency development and why is the most isolated country in the world showing interest in digital money?
2019-9-30 23:27 | |
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A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks.
2019-2-8 14:20 | |
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The AIOZ Network's token has seen a significant surge in market value, climbing over 17% in the last 24 hours to trade at approximately $0.85.
Kraken’s CF Benchmarks achieves dominance in the crypto ETF market with $24 billion in reference data, gears up for expansion amid unprecedented demand surge. CF Benchmarks, a branch of the cryptocurrency exchange Kraken, is making big gains from this year’s…
South Korean regulators are proactively addressing the rise in crypto crimes by considering establishing a permanent investigative unit.
South Korea, a nation long enamored with cryptocurrency, is tightening its belt on the digital asset frontier. Faced with a surge in crypto-related crimes, the country is bolstering law enforcement and implementing its first-ever comprehensive crypto regulation, set to take effect in July 2024.
Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic decision came just six days before the planned launch, and according to the report, this delay is due to the company’s need for more comprehensive engagement with local regulatory bodies. Related Reading: South Korean […]
The Singapore-based exchange is postponing its expansion plans for South Korea, citing the need to communicate with regulators. The post Crypto .com postpones expansion plans for South Korea, talks with regulators appeared first on Crypto Briefing.
The firm maintains the "highest" anti-money laundering standards in the industry, it said in a statement to CoinDesk.