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South Korea

Knowledge Innovations > South Korea

Korea to pilot digital currency with 100,000 citizens next year

  • November 29, 2023
  • Kwami Ahiabenu
  • Digital Currency
By Lee Yeon-woo One hundred thousand Koreans will be able to utilize deposit tokens based on the central bank digital currency (CBDC) next year, within a pilot program jointly...
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Central Bank Digital Currency (CBDC)

Bank of Korea to start CBDC infrastructure pilot

  • October 5, 2023
  • Kwami Ahiabenu
  • Digital Currency
The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will provide expert technical support.South Korea joins a growing number of nations launching...
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Samsung explores ‘offline’ Digital Currency that works with Galaxy Phones

  • May 17, 2023
  • Theodora Kwening
  • Digital Currency
Consumer tech giant, Samsung is looking into launching a central bank digital currency in a collaboration with the Bank of Korea. The South Korean electronics firm has said on...
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The K-Startup Grand Challenge is your chance to crack the Asian market

  • April 18, 2023
  • Kwami Ahiabenu
  • Opportunities
One of Asia-pacific-region’s (APAC) top tech accelerator programs, K-Startup Grand Challenge (KSGC), is returning for its 8th year with a focus on international startups.  Australia startups have enjoyed great...
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Central Bank Digital Currency (CBDC)

Can introducing a central bank digital currency improve social welfare?

  • May 22, 2022
  • Kwami Ahiabenu
  • Uncategorized
While cash is issued in the form of physical paper and coins, central bank digital currency (CBDC) involves recording transaction information in a digital ledger kept by the central...
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Latest Posts

Bank of Ghan
BoG unveils New Policy to accelerate Digital Financial Ecosystem June 20, 2025
The Fintech Revolution: Impact on Banking Services June 9, 2025
EMERGING TECH TRENDS – ETT May 1, 2025: Insights into technologies shaping the future May 1, 2025

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