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BOK to add 2 economists with global experience to monetary policy committee

Lee Soo-hyung, a professor at the Graduate School of International Studies at Seoul National University, and Kim Jong-hwa, former deputy governor of the Bank of Korea (BOK), have been recommended as new members of the seven-member monetary policy committee, the central bank announced on Friday.

Sogang , Soult-ukpyolsi , South-korea , Seoul , Busan , Pusan-gwangyoksi , Michigan , United-states , Korea , Suh-young-kyung , Kim-jong-hwa , Cho-yoon-je

South Korea to launch digital currency pilot with 100,000 residents next year

South Korea to launch digital currency pilot with 100,000 residents next year
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Busan , Pusan-gwangyoksi , South-korea , Singapore , Incheon , Inch-on-gwangyoksi , Hong-kong , China , Seoul , Soult-ukpyolsi , Jeju , Cheju-do

Bank of Korea to Launch Retail CBDC Pilot Program

Bank of Korea to Launch Retail CBDC Pilot Program
pymnts.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pymnts.com Daily Mail and Mail on Sunday newspapers.

South-korea , Busan , Pusan-gwangyoksi , Jeju , Cheju-do , Incheon , Inch-on-gwangyoksi , South-korean , Korea , Samsung-electronics , International-settlements

South Korean central bank charts out future course of payment systems, CBDC

The South Korean central bank has discussed its plans for the development of financial technology, including Big Tech and CBDC, in the country in a new report.

South-korea , South-korean , Korea , Joshua-rosenberg , Korea-financial-telecommunications , Clearings-institute , Settlement-systems , Framework-act , Digital-assets-act ,

Future around CBDC projected by South Korean central bank's report

Future around CBDC projected by South Korean central bank's report
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

South-korea , South-korean , Korea , Clearings-institute , Korea-financial-telecommunications , Settlement-systems , Framework-act , Digital-assets ,

Two Major Banks Roll out Blockchain-powered ID Solution for Military Servicepeople

Two of South Korea’s largest banks are set lo launch a blockchain-powered digital certificate platform for military personnel – which will allow soldiers to use smartphone-based ID solutions to open savings accounts without having to set foot in a bricks-and-mortar bank branch.

South-korea , South-korean , Korea , Clearings-institute , Korea-financial-telecommunications , Korean-army-special , Kookmin-bank , Industrial-bank , Mutual-aid-association , Two-major-banks-roll , Korean-army-special-forces

Top financial policymakers agree on need for additional rate hike

Top financial policymakers agree on need for additional rate hike
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

Seoul , Soult-ukpyolsi , South-korea , Korea , Koh-seung-beom , Lee-ju-yeol , Democratic-party-of-korea , Financial-supervisory-service-governor-jeong-eun-bo , Financial-services-commission , Korea-financial-telecommunications-clearings-institute , Korea-governor-lee-ju-yeol