South Korea Pauses CBDC Efforts Amid Stablecoin Excitement
The Bank of Korea is reportedly suspending its digital currency program amid increased stablecoin enthusiasm. The central bank (BOK) has…
Korean Central Bank Wants Slow Rollout for Stablecoins
The Bank of Korea has reportedly called for a gradual introduction of won-pegged stablecoins. The central bank’s senior deputy governor…
US-Iran Conflict Triggers Global Jitters; South Korea’s BOK Ready To Act
The United States’ military involvement in the Middle East has heightened market uncertainties, the South Korean central bank…
Household borrowing logs sharpest gain in 8 months in S. Korea in May
Seoul, June 11: Household loans extended by South Korean banks rose sharply in May, central bank data showed…
Korean central bank wants influence over stablecoins. Tether available to Koreans – Ledger Insights
Bank of Korea (BOK) has said it wants a role in authorizing Won stablecoin issuers, given stablecoin legislation…
South Korean shares slightly higher as central bank holds rates
KOSPI rises; foreigners net sellers Korean won weakens against dollar South Korea benchmark bond yield falls SEOUL, –…
South Korea’s Economy Struggles to Grow Amid Political Crisis
(Bloomberg) — South Korea’s economy continued to sputter last quarter, after President Yoon Suk Yeol’s short-lived declaration of…
Bank of Korea board members see need to respond to slowing economy, minutes show
SEOUL (Reuters) – South Korea’s monetary policy board members said there was a need to respond quickly and…
South Korea’s Economy Ekes Out Growth to Emerge From Contraction
(Bloomberg) — South Korea’s economy eked out growth last quarter to rebound from a contraction, underscoring risks from…