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Bank of Korea Chooses Ground X as Supplier for CBDC Pilot

The Bank of Korea (BOK) has chosen its preferred supplier to build a pilot platform for its central bank digital currency (CBDC) pilot. South...

3 Firms Vie to Develop South Korea’s CBDC Pilot

Three South Korean firms will compete for the chance to develop the central bank’s digital currency (CBDC) pilot. The Bank of Korea (BOK) confirmed on...

Social Distance Campaign of Crypto-Blockchain Industry

Blockchain and virtual currency companies are changing their outside promotions to ‘untact (un+contact)’ by increasing online communication due to the spread of COVID-19. The...

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Won-Based Stablecoin Ensures Full Collateral and Redemption Rights… Exchanges Expected to...

South Korea’s financial authorities are moving to formalize the framework for won-based stablecoins, introducing key principles focused on full collateralization and guaranteed redemption rights....