Foreign bank branches in Korea continued to enjoy a rise in their net profit last year as a sharp increase in their gains ...

South Korea is gradually exploring the Web3 ecosystem The BoK is said to have been working on its CBDC since 2020 The trial ...

A board member of South Korea's central bank said on Wednesday household debt growth could take centre stage in policy ...

The Bank of Korea has announced that it will hold trials for its central bank digital currency (CBDC) project from April to June. The bank said the pilot project referred to as “Hangang" will involve ...

U.S. markets are modestly lower before the bell and ahead of the first of a two-day Federal Reserve meeting on where to go with interest rates. Futures for the S&P ...

Global shares have advanced as investor sentiment was buoyed by another rally on Wall Street. Shares rose in early Tuesday trading in France, Germany and Britain. U.S. futures fell slightly, ...

Asian shares have advanced as investor sentiment was buoyed by another rally on Wall Street. U.S. futures fell while oil ...

Bitcoin is dividing nations. In Brazil, lawmakers are pushing forward with a bill to regulate salary payments in Bitcoin, while South Korea’s ...

Approximately 30% of all South Koreans invest in cryptocurrencies. The Bank of Korea has not "discussed or reviewed" the ...

The Bank of Korea said that Bitcoin does not meet the International Monetary Fund’s criteria for foreign exchange reserves.

The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.

The South Korean Central Bank, the Bank of Korea (BOK), is “not considering” creating a national strategic Bitcoin reserve.