Discover all the Company news on Bank Of Korea and other articles related to Bank Of Korea in The Paypers News, Reports, and insights on the payments and fintech industry:
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South Korea has revealed its plans to launch a central bank digital currency (CBDC) pilot involving 100,000 citizens in the fourth quarter of 2024.
cryptocurrency, digital assets, CBDC, banks
South Korea-based company Samsung has announced its partnership with the Bank of Korea to launch wire transfers to Galaxy smartphones and smartwatches.
partnership, mobile payments, online payments, digital signature, payments , contactless payments
The Bank of Korea has received investigative powers over digital currency service providers and has gained access to their transaction data.
regulation, compliance, digital assets, cryptocurrency, transactions , central bank
Financial authorities of South Korea have announced the launch of a task force service aimed to enhance banks’ business practices and overall management.
product launch, online banking, digital banking, financial services, financial institutions
The Bank of Korea (BoK) has developed and tested a program that facilitates cross-border remittances by linking different central bank digital currencies (CBDC) from other countries.
cryptocurrency, cross-border payments, CBDC, remittances