Survey: Younger Koreans More Likely to Invest in Crypto
Nearly a quarter of South Koreans in their 20s want to invest in cryptocurrencies, according to a new poll conducted by Bank of Korea.
The Bank of Korea is reportedly looking to build a blockchain system for the Korean bond market.
The Bank of Korea has again poured cold water on the idea of adopting a central bank digital currency, according to remarks made by an official of the central bank.
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.
A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.
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.