Bank of Korea

Bank of Korea

Markets

Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.

Bank of Korea

Markets

Bank of Korea: Central Bank Cryptocurrencies Pose 'Moral Hazard'

South Korea's central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy.

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Markets

Survey: Younger Koreans More Likely to Invest in Crypto

Nearly a quarter of South Koreans in their 20s want to invest in cryptocurrencies, according to a new poll conducted by Bank of Korea.

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Markets

Korea's Central Bank Forms Task Force to Study Cryptocurrency Impact

The Bank of Korea, South Korea's central bank, has launched a cryptocurrency task force to explore the technology's effects on the financial system.

Bank of Korea

Markets

Bank of Korea: Costs Could Limit Cryptocurrency Use

Bank of Korea has published a new working paper that speculates on how a cryptocurrency economy would impact central banks.

The entrance to the Bank of Korea at night.