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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...

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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....