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Found 23 results in 968 milliseconds.

Goldman Sachs, BNY Mellon and others test enterprise blockchain for tokenised assets

News | Cryptocurrencies | 13 Mar 2024

Digital Asset has completed a test of its Canton Network, with the participation of like Goldman Sachs, BNY Mellon, DRW, Oliver Wyman, and Paxos. 

Bitcoin, blockchain, crypto, digital assets, tokenization

Mastercard and BOK Financial expand payments partnership

News | Payments General | 31 Jan 2024

Mastercard and BOK Financial Corporation have announced an extended partnership, with Mastercard becoming the exclusive payments network for BOK Financial's debit and commercial portfolios.

partnership, payments network, financial services, credit access, credit card, debit card

South Korea plans a CBDC pilot in 2024

News | Cryptocurrencies | 24 Nov 2023

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

Bank of Korea to investigate digital currency service providers

News | Cryptocurrencies | 27 Apr 2023

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

South Korea to launch task force service

News | Online & Mobile Banking | 27 Feb 2023

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

Bank of Korea develops CBDC cross-border remittances solution

News | Cryptocurrencies | 08 Nov 2022

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

Bank of Korea finalises stage one of CBDC testing

News | Cryptocurrencies | 25 Jan 2022

Bank of Korea (BoK) has carried out the first stage of its two-part mock testing of its CBDC.

CBDC, central bank, digital currency, digital assets, blockchain

Bank of Korea plans to launch central bank digital currency pilot

News | Cryptocurrencies | 09 Aug 2021

The Bank of Korea (BOK) has revealed plans to initiate its central bank digital currency (CBDC) pilot by the end of August 2021.

CBDC, banks, blockchain, cross-border payments, e-wallet

Bank of Korea selects Ground X for CBDC blockchain simulations

News | Cryptocurrencies | 23 Jul 2021

Bank of Korea has announced Ground X, founder of the Klaytn public permissioned blockchain, as the provider for its central bank digital (CBDC) currency tender, according to Ledger Insights

CBDC, blockchain

SK, Naver, Kakao compete for central bank's digital currency project

News | Cryptocurrencies | 13 Jul 2021

SK, Naver, and Kakao have engaged in a competition to become the partner of Bank of Korea (BOK) for a project to issue and circulate a central bank digital currency (CBDC) virtually to test whether it can be used successfully, according to The Korea Times.

CBDC, blockchain, central bank

Bank of Korea invites firms to become the bank's CBDC DLT technology provider

News | Payments General | 26 May 2021

Bank of Korea (BOK) has invited firms to become the technology provider for a central bank digital currency (CBDC) based on distributed ledger technology (DLT) and shared quite a few details.

CBDC, digital payments, e-wallet, digital currency, central bank

South Korean bank builds pilot platform for CBDC

News | Cryptocurrencies | 11 Mar 2021

Shinhan Bank has built a pilot platform for a potential South Korean central bank digital currency (CBDC) with assistance from LG CNS.

blockchain, CBDC, digital currency, central bank, cryptocurrency

South Korean Shinhan Bank to offer crypto custody-related services

News | Cryptocurrencies | 11 Jan 2021

Shinhan Bank, a large commercial bank in South Korea, has announced plans to offer digital asset custody services.

CBDCs, South Korea, decentralised finance, Shinhan Bank, digital assets, custody services, crypto

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

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

South Korea central bank warns over CBDCs

News | Cryptocurrencies | 08 Feb 2019

South Korea’s central bank has issued a warning over central bank digital currencies (CBDCs) a week after saying it would not introduce one itself.

South Korea, bank, CBDCs, digital currencies, fiat currency, BOK, liquidity, withdrawals, government

South Koreas Central Bank against issuing a central bank digital currency

News | Cryptocurrencies | 22 Jun 2018

South Korea’s Central Bank (BOK) has announced it opposes the idea of issuing a central bank digital currency (CBDC).

South Koreas Central Bank, BOK, digital currency, crypto, banks

Bank of Korea to include digital sharing economy from 2019

News | Ecommerce | 30 May 2017

Bank of Korea has announced that South Korea will start reflecting the digital sharing economy in its gross domestic product from March, 2019.

Bank of Korea, South Korea, digital sharing economy, GDP, ecommerce

Bank of Korea joins R3 consortium to tap blockchain tech

News | Cryptocurrencies | 21 Feb 2017

The Bank of Korea (BOK) has announced plans to carry out the Proof-of-Concept project with R3 consortium by using blockchain technology.

The Bank of Korea (BOK), cryptocurrency, blockchain, R3, partnership, innovation, banking, Korea, Asia