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3232Bank of Korea to Launch CBDC Payment Trial in Supermarkets
https://www.digit.info/bank-of-korea-to-launch-cbdc-payment-trial-in-supermarkets/
Sun, 22 Sep 2024 08:46:20 +0000https://www.digit.info/bank-of-korea-to-launch-cbdc-payment-trial-in-supermarkets/Read more]]>South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC) trial. Starting in December, 100,000 participants will be part of this test. Retail partnerships and global initiatives like Project Agora highlight the broader impact of […]
]]>Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests
https://www.digit.info/korean-banks-to-be-relieved-of-liability-for-crypto-related-crime-report-suggests/
Mon, 28 Jun 2021 11:00:23 +0000https://www.digit.info/2021/06/28/korean-banks-to-be-relieved-of-liability-for-crypto-related-crime-report-suggests/Read more]]>Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local media, financial regulators are now developing rules that could relieve Korean banks from responsibility when screening the crypto exchanges they work with. New Guidelines to Appease South Korean Banks Korean […]