Jin Chang-ho, a principal at Kearney Korea, believes central bank digital currency (CBDC) could innovate finance.
Major central banks are studying virtual form of their currencies. The People’s Bank of China has been testing out e-CNY (Chinese yuan). The European Central Bank and the U.S. Federal Reserve as well as a number of other central...
Kakao's blockchain technology affiliate Ground X has been selected as the preferred bidder for a central bank digital currency (CBDC) project run by the Bank of Korea, the bank said Tuesday.
Affiliates of Naver and Kakao as well as SK Inc. bid for the contract to manage the 10-month test of the Bank of Korea's central bank digital currency (CBDC).
The Bank of Korea is seeking a company to participate in a 10-month testing of a central bank-issued digital currency, it said Monday.
Korea’s central bank predicted the country’s economy will grow more than 3 percent this year, slightly higher than a forecast made in February.
Hana Bank said Wednesday that it is testing technologies related to the central bank digital currency (CBDC) in development by the Bank of Korea jointly with a research center under the Pohang University of Science and Technology.
The Bank of Korea established a legal counseling office for the development of a Central Bank Digital Currency (CBDC), the bank said Monday.