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Bank of Korea Seeking Technology to Develop Digital Currency

Bank of Korea Seeking Technology to Develop Digital CurrencySouth Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic cryptocurrency exchanges. Central Bank of Korea to Launch Pilot […]

From Code to $100K: Why Bitcoin’s Milestone Matters to Economics

Bank of Korea to Monitor Crypto Transactions Using Financial Records

Bank of Korea to Monitor Crypto Transactions Using Financial RecordsSouth Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the real economy, the bank says, adding that market growth could pose a risk to the country’s financial system. South Korean Central Bank to Intensify Screening of Crypto-Related […]

From Code to $100K: Why Bitcoin’s Milestone Matters to Economics