Articles with tag like: Bank of Korea

Found 4 results in 493 milliseconds.

Bank of Korea plans cryptocurrency (CBDC) testing in 2021

News | Cryptocurrencies | 08 Oct 2020

South Korea’s central bank has revealed that the third and final phase of its pilot programme for a CBDC will commence in 2021.

Bank of Korea, cryptocurrency, CBDC, South Korea, central bank, BOK, central bank digital currency

South Korea sees offline banking decrease in favour of fintechs

News | Online & Mobile Banking | 06 Oct 2020

South Koreans visiting banks for money withdrawal, deposit, and transfer have decreased in numbers due to online and mobile banking users multiplying. 

offline banking, South Korea, fintech, banks, Bank of Korea, mobile banking, online banking, withdrawal, deposit, Transfer, smartphone, apps, central bank, ATMs, banking apps, digital banks, digital payments, online shopping

Bank of Korea to pick consulting partner for CBDC

News | Cryptocurrencies | 31 Aug 2020

The Bank of Korea (BOK) has been accelerating its drive for the timely establishment of a central bank digital currency (CBDC) pilot system.

CBDC, architecture, Central banks, central bank digital currency, Bank of Korea, cryptocurrency, pilot, trial

South Koreans increasingly prefer cashless payments, BOK survey shows

News | Payments General | 16 Apr 2019

South Koreans are increasingly going cashless as more people rely on credit cards and digital payment tools, according to a survey by the Bank of Korea (BOK).

South Korea, cashless payments, Bank of Korea, credit card