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Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

February 8, 2019

| Asia-Pacific, Bank of Korea, Banking, CBDC, Central Banking, coin, Economy, News, south korea

A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability. Powered by WPeMatico

South Korean Regulator Launches Initiative to Improve Relationship with Crypto

July 22, 2018

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| Bank of Korea, Bitcoin Regulation, Blockchain, blockchain regulation, central bank, coin, crypto, Cryptocurrencies, cryptocurrency regulation, financial securities commission, FSC, Industry, Korea, Regulation, south korea

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

South Korean Regulator Launches Initiative to Improve Relationship with Crypto

July 21, 2018

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| Bank of Korea, Bitcoin Regulation, Blockchain, blockchain regulation, central bank, coin, crypto, Cryptocurrencies, cryptocurrency regulation, financial securities commission, FSC, Industry, Korea, Regulation, south korea

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

Bank of Korea: Financial Institutions’ Exposure to Crypto Risks Is ‘Insignificant’

July 10, 2018

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| Bank of Korea, Bitcoin, Bithumb, central bank, coin, cryptocurrency, FSC, Industry, Regulation, south korea, Upbit

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 Opposes Issuing a Central Bank Digital Currency

June 19, 2018

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| Bank of Korea, BOE, CBDC, Central Bank Digital Currency, coin, Digital Currency, HKPF, Industry, Regulation, south korea

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

Bank of Korea: Central Bank Cryptocurrencies Pose ‘Moral Hazard’

June 19, 2018

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| Asia-Pacific, Bank of Korea, Central Bank Digital Currency, Central Banking, coin, News, Regulation, south 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. Powered by WPeMatico

Survey: Younger Koreans More Likely to Invest in Crypto

March 29, 2018

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| Bank of Korea, coin, cryptocurrency, Investing, Investments, Markets News, News, south korea, Survey

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

CoinMiner

Category: Bank of Korea

Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

South Korean Regulator Launches Initiative to Improve Relationship with Crypto

South Korean Regulator Launches Initiative to Improve Relationship with Crypto

Bank of Korea: Financial Institutions’ Exposure to Crypto Risks Is ‘Insignificant’

South Korea’s Central Bank Opposes Issuing a Central Bank Digital Currency

Bank of Korea: Central Bank Cryptocurrencies Pose ‘Moral Hazard’

Survey: Younger Koreans More Likely to Invest in Crypto

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