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South Korean Private Banks Explore Alternatives To Private Stablecoins And CBDCs

In South Korea, numerous private banks are actively researching tokenized deposit technology as a viable alternative to both private stablecoins and central bank digital currencies (CBDCs). Top banks in the region have shown considerable interest in certificates of deposit (CDs)- which refer to tokenized bank deposits that are placed on the blockchain. CDs serve as […] дальше »

2023-7-25 21:00


South Korea’s Oldest Bank Completes Stablecoin Trial On Hedera Network

Shinhan Bank, one of the oldest banks in South Korea, has announced the successful completion of a stablecoin remittance test on Hedera’s open-source public network. This trial was carried out in collaboration with Siam Commercial Bank’s technology innovation business unit (SCB TechX), Taiwan’s largest financial institution, and other financial companies. дальше »

2023-7-18 22:00


Crypto Exchanges In South Korea Roll Out Volatility Monitoring System

A consortium of leading cryptocurrency exchanges in South Korea has introduced a system designed to notify users about price volatility and fluctuations in cryptocurrency prices. This initiative aims to provide users with timely information and alerts regarding the dynamic nature of cryptocurrency markets, helping them make informed decisions and manage their investments effectively. The newly […] дальше »

2023-7-5 22:30