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. Powered by WPeMatico
A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability. Powered by WPeMatico
The South Korean financial watchdog, Financial Services Commission (FSC), has created the Financial Innovation Bureau to oversee and nurture the crypto sector as part of the fourth industrial revolution. Korean Regulator Creates Financial Innovation Bureau to Help Cryptocurrency Ecosystem Digital currency
The South Korean financial watchdog, Financial Services Commission (FSC), has created the Financial Innovation Bureau to oversee and nurture the crypto sector as part of the fourth industrial revolution. Korean Regulator Creates Financial Innovation Bureau to Help Cryptocurrency Ecosystem Digital currency
An official report released by the Bank of Korea (BOK) revealed that the outstanding balance of virtual accounts in local banks reached 2 trillion won (US$1.79 billion) as of December 2017. The amount, equivalent to about eight percent of
South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at
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. Powered by WPeMatico
Nearly a quarter of South Koreans in their 20s want to invest in cryptocurrencies, according to a new poll conducted by Bank of Korea. Powered by WPeMatico