BOK Urges CBDC, Bank Deposits as Primary Settlement for Tokenized Assets
Asset tokenization volume and share by region. Source: Bank of Korea As the asset tokenization market rapidly expands,…
Bank of Korea nominee backs CBDC-led system with limited stablecoin role
Shin Hyun-song, the nominee to lead the Bank of Korea, said a central bank digital currency (CBDC) and…
Bank of Korea’s New Governor Prioritizes CBDCs Over Stablecoins in First Policy Address
Bank of Korea Governor Shin Hyun-song, who began his four-year term Tuesday, delivered his first address in office…
Bank of Korea’s new governor signals CBDC and bank token push, skips stablecoins in key address
Bank of Korea Governor Shin Hyun-song used his first address in office to prioritize central bank digital currencies…
CBDC Project Phase 2 Accelerates as Banks Build Systems
Preparations by South Korean banks are accelerating as the Bank of Korea’s (BOK) central bank digital currency (CBDC)…