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Bank of Korea Denies Plans for Launching a Cryptocurrency
The Bank of Korea (BOK) on Monday argued against the issue of digital currencies by the central bank in a recent report. The bank said that launching its own central bank digital currency (CBDC) will raise the basic mechanisms of its monetary policy and make open market operations more complex. дальше »
2018-6-21 20:02 | |
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Digital currencies don’t perform as money – Bank of Korea
On Monday, the Bank of Korea [BOK] said that it has no plans of issuing Central Bank Digital Currency [CBDC] fearing ‘moral hazard to society’. The BOK is the central bank of the Republic of Korea, and is the sole authority that can issue the South Korean won. дальше »
2018-6-21 00:28 | |
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Bank of Korea Not Yet Ready for a Central Bank Digital Currency
Following an earlier announcement that South Korea was considering the introduction of a Central Bank Digital Currency (CBDC), the country’s central bank has since pulled the plug on the idea — with regulatory roadblocks and fears of market destabilization ranking amongst the leading reasons for the recall. дальше »
2018-6-20 03:00 | |
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U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming by 2019
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U. дальше »
2018-6-19 12:10 | |
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U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U. дальше »
2018-6-19 12:10 | |
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Central Bank of Korea: “Digital Currencies Don’t Perform as Money”
In a report released today by the Korean Times, The Bank of Korea (BOK), the country’s central bank, issued a statement saying that they oppose the idea of issuing a central bank digital currency (CBDC). дальше »
2018-6-23 06:52 | |
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South Korea’s Central Bank Opposes Issuing a Central Bank Digital Currency
South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a. дальше »
2018-6-19 01:00 | |
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The ‘Moral Hazard’ of Centralized Cryptocurrencies according to the Bank of Korea
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. According to The Korea Times on Monday, the BoK said that issuing a central bank digital currency (CBDC) could pose a “moral hazard” by adversely affecting monetary policy and its implementation, and possibly дальше »
2018-6-19 23:06 | |
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South Korean Exchange Coinrail Hacked, $40 Million in Crypto Reported Stolen
South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens. дальше »
2018-6-12 23:18 | |
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Ripple VP Calls for More Cryptocurrency Friendly Regulations in South Korea
Eric van Miltenburg, the Senior VP of Ripple, believes that South Korea needs to relax some of its more stringent cryptocurrency laws. He made his views known in a recent phone chat with The Korea Times. дальше »
2018-6-11 08:00 | |
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Korea’s Coinone Transfer Joins RippleNet
Coinone Transfer — a payments business and a subsidiary of Coinone — has joined RippleNet to use xCurrent, Ripple’s leading blockchain solution for cross-border payments and settlement. Coinone, one of Korea’s largest digital asset exchanges, will be the first exchange in the country to leverage the power of RippleNet. дальше »
2018-6-17 04:05 | |
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