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Bank of Korea

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Policy
Central banks
S. Korea's Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.
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By Paddy Baker
Jun 15, 2020 at 12:17 p.m. UTC
Jun 15, 2020
Central BanksBank of KoreaLegalCBDCs
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Markets
Blockchain
South Korea's Central Bank Is Building a New Blockchain System for the Bond Market
The Bank of Korea is reportedly looking to build a blockchain system for the Korean bond market.
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By Paddy Baker
Feb 20, 2020 at 4:00 a.m. UTC
Feb 20, 2020
BlockchainBank of Korea
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Markets
News
Developed Countries Have Little Need for CBDCs, Says Bank of Korea Official
The Bank of Korea has again poured cold water on the idea of adopting a central bank digital currency, according to remarks made by an official of the central bank.
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By Richard Meyer
Oct 31, 2019 at 8:00 a.m. UTC
Oct 31, 2019
NewsBank of Korea
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Markets
South korea
Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk
A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.
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By Yogita Khatri
Feb 7, 2019 at 12:05 p.m. UTC
Feb 7, 2019
South KoreaEconomyBankingNewsCentral BankingAsia PacificcbdcBank of Korea
CoinDesk - Unknown
Markets
South korea
Bank of Korea: Central Bank Cryptocurrencies Pose 'Moral Hazard'
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.
CoinDesk - Unknown
By Daniel Palmer
Jun 18, 2018 at 4:15 p.m. UTC
Jun 18, 2018
South KoreaRegulationNewsCentral BankingAsia PacificBank of KoreaCentral Bank Digital Currency
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Markets
South korea
Survey: Younger Koreans More Likely to Invest in Crypto
Nearly a quarter of South Koreans in their 20s want to invest in cryptocurrencies, according to a new poll conducted by Bank of Korea.
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By Nikhilesh De
Mar 28, 2018 at 5:00 p.m. UTC
Mar 28, 2018
South KoreaSurveyCryptocurrencyNewsInvestmentsInvestingBank of KoreaMarkets News
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Markets
Research
Korea's Central Bank Forms Task Force to Study Cryptocurrency Impact
The Bank of Korea, South Korea's central bank, has launched a cryptocurrency task force to explore the technology's effects on the financial system.
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By Sujha Sundararajan
Jan 11, 2018 at 10:00 a.m. UTC
Jan 11, 2018
ResearchAsiaSouth KoreaRegulationNewsAsia PacificBank of Korea
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Markets
South korea
Bank of Korea: Costs Could Limit Cryptocurrency Use
Bank of Korea has published a new working paper that speculates on how a cryptocurrency economy would impact central banks.
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By Stan Higgins
Apr 24, 2017 at 2:40 p.m. UTC
Apr 24, 2017
South KoreaTechnologyNewsCentral BanksBank of KoreaTechnology News