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South Korea: Central Bank Publishes Book on CBDC Legal Considerations
South Korea’s plans for its experimental central bank digital currency (CBDC) project also includes efforts to contribute to the expanding body of knowledge dedicated to sovereign digital currencies. дальше »
2021-2-9 02:00 | |
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Bank of Korea to begin testing CBDC
South Korea’s central bank, Bank of Korea (BOK) which had earlier established a central bank digital currency (CBDC) pilot program, has now announced that it planned to speed up the process by startThe post Bank of Korea to begin testing CBDC appeared first on AMBCrypto. дальше »
2020-10-8 19:22 | |
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Bank of Korea to Test CBDC Distribution in 2021
With phase one of its central bank digital currency (CBDC) experiment complete, the Bank of Korea (BOK) is looking forward to testing the token distribution system in 2021. Despite the ongoing CBDC trials, South Korea’s central bank says it is not looking to launch a sovereign digital currency. дальше »
2020-10-7 14:34 | |
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South Korea's digital won to begin distribution phase next year
The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch.
дальше »2020-10-8 14:19 | |
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Китай задействовал цифровой юань в сделках на $162 млн
Народный банк Китая провел испытания национальной цифровой валюты (CBDC) в пилотных транзакциях объемом 1,1 млрд юаней (~$162 млн). Эти данные сообщает South China Morning Post. По словам заместителя главы Народного Банка Китая (НБК) Фаня И Фэя, с начала тестирования платежная система на основе цифрового юаня (DCEP) обработала 3,13 млн транзакций. дальше »
2020-10-6 17:25 | |
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Japan Speeds up CBDC Development as China’s Digital Yuan Advances
Top Japanese bankers and officials say digital currency development is a top priority now as the country “trails behind” China and South Korea in similar projects, according to a report by Japan Today. дальше »
2020-9-7 15:49 | |
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South Korean Central Bank Enters Phase 2 of CBDC Development; Seeks Consulting Partner
The Bank of Korea (BoK) has advanced its Central Bank Digital Currency (CBDC) initiative following a recent call for collaboration with a private consultancy. This move will set ground for the second phase of South Korea’s CBDC with a speculated pilot launch in 2021. дальше »
2020-9-1 17:30 | |
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Korean central bank to choose a partner for its CBDC program
South Korean central bank, the Bank of Korea (BOK), recently revealed details for a consulting partnership that it now seeks. The partnership comes as a part of the next stage in preparations for the launch of its own CBDC. дальше »
2020-9-2 14:06 | |
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South Korea Steady in Their CBDC Plans, Searching for a Local Consulting Partner
The central bank of South Korea, the Bank of Korea, is moving towards the technical phase in their concerted effort to pilot a central bank digital currency (CBDC)–the digital won, and will pick a consulting partner a month after completing the review of the first phase reports The Korea Times on Aug 31. дальше »
2020-9-1 13:00 | |
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Bank of Korea Set to Select CBDC Pilot Program Consulting Partner
South Korea’s central bank has disclosed details for a proposed consulting partnership as part of its second stage of preparation for launching a central bank digital currency (CBDC). According to the Bank of Korea (BOK), the desired consulting partner will be a local firm that will help the BOK build the architecture for the proposed […] The post Bank of Korea Set to Select CBDC Pilot Program Consulting Partner appeared first on BeInCrypto. дальше »
2020-9-1 10:00 | |
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The Eastern Carribean CBDC Is More Bitcoin & Less Authoritative Token
Located just north of South America, the Eastern Caribbean corridor is one of the world’s fastest-growing cryptocurrency hotspots. Several high profile companies such as Tether have shifted their headquarters to this region. дальше »
2020-7-9 21:38 | |
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South Korea Set Up Committee to Study Regulatory Obstacles for Potential CBDC Project
South Korea’s central bank, the Bank of Korea (BOK) has set up a legal advisory committee that will look into any possible regulatory roadblocks when issuing its planned central bank digital currency (CBDC). дальше »
2020-6-16 19:07 | |
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South Korea Establishes Panel for CBDC Review
South Korea’s central bank plans to conduct an in-depth review of the modalities required for issuing a central bank digital currency (CBDC). The news is the latest example of the country’s focus on digital innovation amid the backdrop of China’s advancement in the CBDC sphere. дальше »
2020-6-16 14:02 | |
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South Korea to Review Legal Issues Surrounding Potential CBDC Launch
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency.
дальше »2020-6-16 12:40 | |
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South Korea: Central Bank Conducts Research Into Global Adoption of CBDCs
The South Korea central bank, the Bank of Korea (BoK) recently released a paper detailing its research into the adoption and advancement of central bank digital currency (CBDC) across different central banks globally. дальше »
2020-5-21 01:00 | |
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Why a Central Bank Digital Currency (CBDC) Will Be Launched Soon
Quick take: The three major economies of China, France, and South Korea have recently been linked with expressing interest in launching their own Central Bank Digital Currencies. Interest in crypto by private citizens has risen slowly but surely after numerous signs of a global recession. дальше »
2020-4-11 16:29 | |
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South Korean Central Bank to Roll Out Pilot Program to Test CBDC Through Dec 2021
On April 6, South Korea’s central bank has made the announcement that it started a pilot program for assessing the logistics of a central bank digital currency (CBDC). While the bank doesn’t plan to introduce a CBDC very soon, it still had created the pilot scheme to make sure that it’s prepared to do just […] дальше »
2020-4-7 19:01 | |
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Bank of Korea Sees No Reason for Central Bank Digital Currency
Bank of Korea sees no need to generate a Central Bank Digital Currency (CBDC), an official shared the regulator’s position. Despite the overwhelming presence of cryptocurrency projects in South Korea, the country’s central bank is skeptical of the drive for CBDCs. дальше »
2020-2-7 17:00 | |
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Sweden Joins China and Others in Central Bank Crypto Race
It seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll out the crypto krona gather pace. e-Krona Pilot Partnership Sweden’s central bank is poised to sign a deal with multinational professional services company Accenture to begin pilot testing its CBDC, the e-krona. дальше »
2019-12-14 10:51 | |
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Has South Korea Joined the Central Bank Crypto Race?
The South Korean central bank is the latest in the list of national banks to reveal its intentions towards central bank crypto (CBDC). South Korea Joins Crypto Research Race According to local media, the Bank of Korea has begun hiring crypto-asset experts signaling that the central bank may begin developing its own CBDC. дальше »
2019-12-13 11:00 | |
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China, Europe will lead CBDC race as South Korea opts out
China sparked a debate that is spreading like wildfire throughout the world. With the developments surrounding Beijing's Digital yuan, a project which has been in development for over a year, competinThe post China, Europe will lead CBDC race as South Korea opts out appeared first on AMBCrypto. дальше »
2019-11-1 16:00 | |
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South Korean CBDC Researchers: Economy Could Suffer With Issuing Central Bank Digital Currency
Economy Could Suffer From Issuing Central Bank Digital Currency, Says South Korean Researchers Central bank digital currencies (CBDCs) are often created by banks in an effort to offer a comparable solution that is equivalent to fiat currency, though it doesn’t usually require replacing the country’s banknotes and coins. Built entirely on the blockchain, there are […] дальше »
2019-2-7 21:34 | |
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New Korean Report Slams Central Bank Issued Digital Currencies
A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the South Korean financial system. The report claims that the launch of such a currency could push interest rates up and cause a liquidity shortage. дальше »
2019-2-7 18:59 | |
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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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South Korean Central Bank Of Korea (BOK) Will Not Issue A CBDC Digital Currency Soon
South Korea’s Central Bank Will Not Issue A Digital Currency Soon The Bank of Korea, which acts as the central bank of the Asian country, has recently affirmed that it would not issue a central bank digital currency (CBDC), a popular idea that many banks are considering at the moment. According to the bank, which […] дальше »
2019-1-29 21:20 | |
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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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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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