Bank of Korea

Bank of Korea Focuses on CBDCs Over Stablecoins

Bank of Korea Focuses on CBDCs Over Stablecoins
Bank of Korea Focuses on CBDCs Over Stablecoins
April 21, 2026  |  CBDC

Is South Korea prioritizing central bank digital currencies (CBDCs) over stablecoins? As CoinDesk notes in a report Tuesday (April 21), the new governor of the country’s central...

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South Korea Pauses CBDC Efforts Amid Rising Stablecoin Excitement
South Korea Pauses CBDC Efforts Amid Rising Stablecoin Excitement
June 30, 2025  |  Cryptocurrency

The Bank of Korea is reportedly suspending its digital currency program amid increased stablecoin enthusiasm. The central bank (BOK) has paused preparations for the next phase of...

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Korean Central Bank Wants Slow Rollout for Stablecoins
Korean Central Bank Wants Slow Rollout for Stablecoins
June 24, 2025  |  Cryptocurrency

The Bank of Korea has reportedly called for a gradual introduction of won-pegged stablecoins. The central bank’s senior deputy governor said Tuesday (June 24) that this slow rollout should...

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BIS: Regulatory Compliance Can Be Embedded in Cross-Border Protocols
BIS: Regulatory Compliance Can Be Embedded in Cross-Border Protocols
October 29, 2024  |  Cross-border Payments

The Bank for International Settlements (BIS) says it has demonstrated that regulatory compliance can be embedded in cross-border transaction protocols. BIS announced Tuesday (Oct. 29) it made this...

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Central Banks and BIS Test Tokenization to Speed Cross-Border Payments   
Central Banks and BIS Test Tokenization to Speed Cross-Border Payments   
April 03, 2024  |  Cross-border Payments

Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem...

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Bank of Korea to Launch Retail CBDC Pilot Program
Bank of Korea to Launch Retail CBDC Pilot Program
November 30, 2023  |  Cryptocurrency

The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. The program will...

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Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
October 05, 2023  |  Banking

The Bank for International Settlements, central banks and traditional financial institutions (FIs) are in the midst of tackling various ways and means of creating and...

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Samsung and Bank of Korea Collaborate on Offline CBDC
Samsung and Bank of Korea Collaborate on Offline CBDC
May 16, 2023  |  CBDC

Samsung is reportedly working with the Bank of Korea on a central bank digital currency (CBDC). The consumer tech firm has signed an agreement known as a memorandum...

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