Tag: Bank of Korea
South Korea’s CBDC Pilot Faces Scrutiny Over Missing Security Audit
Bank of Korea’s CBDC pilot relied mainly on internal security assessments before launch. No independent audit reviewed Project Hangang during or after real-world testing. Oversight…
Bank of Korea Unveils Bold CBDC Plan for Asset Tokenization
The Bank of Korea says stablecoins could be widely used for payments. The bank warns that payment-use stablecoins tied to tokenized assets create new stability.…
South Korea Scrambles as $115B Flows Into Dollar Stablecoins
South Korean investors moved $115.3 billion to overseas exchanges in 2025, weakening the won below 1,500 per dollar. Local stablecoin holdings dropped 55% as capital…
Bank of Korea Forms Crypto Monitoring Committee Amid Stablecoins Push
Key Insights The Bank of Korea has created a new virtual asset committee to monitor crypto and stablecoin activity. Its CBDC research teams have been…
BOK Says It’s Not Ready for a National Digital Coin
Over the past year, several nations or banks of nations have come forth and issued plans to create digital currencies that its residents or citizens…
