South Korea's Shinhan Bank collaborates with LG to build CBDC platform

2021-3-10 16:45

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.

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The ‘Moral Hazard’ of Centralized Cryptocurrencies according to the Bank of Korea

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. According to The Korea Times on Monday, the BoK said that issuing a central bank digital currency (CBDC) could pose a “moral hazard” by adversely affecting monetary policy and its implementation, and possibly

2018-6-19 23:06