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Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch

Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch

The Bank of Korea (BoK) is in search of a consulting partner to help develop the architecture for its Central Bank Digital Currency (CBDC).

Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

The Bank of Korea (BoK), South Korea’s central bank and monetary issuer, has released its research on the use of digital currencies and blockchain technology for the banking industry.

Bank of Korea Acquires Samsung-Backed BankSign Blockchain Platform, Seeking to Deploy the Platform at Local Banks

Bank of Korea Acquires Samsung-Backed BankSign Blockchain Platform, Seeking to Deploy the Platform at Local Banks

Bank of Korea makes a huge step in acquiring Samsung-backed BankSign authentication certificate service. The central bank seeks to deploy the blockchain platform in local banks.

South Korea's Digital Won Project Sees First Trial Stage Completed

South Korea's Digital Won Project Sees First Trial Stage Completed

The Bank of Korea (BOK) announced that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won trials, according to its official press release.

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

The Bank of Korea, South Korea's central bank, is setting the stage for its first public trial of a Central Bank Digital Currency (CBDC) in 2024.

South Korea Seeks Tech Partner to Build the Pilot Program for CBDC

South Korea Seeks Tech Partner to Build the Pilot Program for CBDC

South Korea's central bank on Monday said it would choose a technology supplier to build a pilot platform for a digital currency, moving a step closer to creating a central bank-backed digital currency.

Italy and South Korea's Central Banks Forge a Path in CBDC Development

Italy and South Korea's Central Banks Forge a Path in CBDC Development

The Bank of Italy and the Bank of Korea have signed an MOU to collaborate on the development of Digital Currencies (CBDCs), a significant development in the digital currency sector.

Bank of Korea Initiates CBDC Pilot Plan on Samsung Galaxy Smartphones

Bank of Korea Initiates CBDC Pilot Plan on Samsung Galaxy Smartphones

Samsung Electronics will participate in South Korea’s Central Bank Digital Currency pilot project. The electronics tech giant will help to determine whether CBDC transactions could be conducted on smartphones without the availability of an internet connection.

South Korea’s CBDC Pilot to Enter into Distribution Phase Next Year

South Korea’s CBDC Pilot to Enter into Distribution Phase Next Year

South Korea’s central bank is looking to start the testing of the distribution of its central bank digital currency (CBDC) next year.

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers

Blockchain-powered driving licenses were made available as an option in South Korea in May.

South Korea Sets Up Panel to Accelerate CBDC Launch

South Korea Sets Up Panel to Accelerate CBDC Launch

In a bid to keep up with global trends in the development of a Central Bank Digital Currency, South Korea launches a 6-man panel to review regulatory issues

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, the largest commercial bank in South Korea, will start offering Bitcoin custody services through a new partnership with crypto trading firm Cumberland Korea and blockchain venture fund Hashed.

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