Tag: Bank of korea
Bank Of Korea recognizes virtual assets with clear intrinsic value
The Bank of Korea, which is negative for virtual assets such as Bitcoin, has begun to take a positive approach to some virtual assets...
Central bank seeks bids for digital currency test project
The Bank of Korea is seeking a company to participate in a 10-month test of a central bank-issued digital currency, it said Monday.
Based...
(Part 1) What if a CBDC was issued in Korea?
If the use of CBDC spreads, bank deposits are likely to decline. E-money payments are more convenient than cash, and in Korea, there is...
Bank of Korea plans cryptocurrency (CBDC) testing in 2021
The Bank of Korea (BOK) announced plans of doing a test run on the issuance and circulation of the planned central bank digital currency...
The Bank of Korea conducts research on central bank digital currency (CBDC) including personal...
ZDNet Korea reported that the Bank of Korea is studying ways to use central bank digital currency (CBDC) for personal remittance and online and...
South Korea Edges Closer to CBDC Rollout Without Any Comitment
The South Korean central bank has reaffirmed its digital currency plans – but continues to add disclaimers, refusing to commit to launching a digital...
[Part1] Korea Government’s Monetary and Fiscal Policy Under the Covid-19 Pandemic
With Covid-19 rapidly spreading to the globe since March 2020, countries around the world, one after another, have restricted people’s movement. As this is...
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Ruling and Opposition Parties Agree on Two-Year Delay for Virtual Asset...
The ruling and opposition parties in South Korea have agreed to postpone the taxation on virtual asset income by two years. With the Democratic...
