Eleven stores in South Korea can now pay using the Bank of Korea’s digital currency. with a 10% discount to incentivize ...

Depending on the inflation path and currency moves, the BoK may delay its rate action until the third quarter of 2025.

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

Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June, as the retailer ...

The Bank of Korea adds that Bitcoin and other crypto assets fail to satisfy the foreign exchange reserve requirements set by the International Monetary Fund (IMF) due to their relatively low liquidity ...

South Korea's foreign reserves grew from a month earlier in March, rebounding from the lowest level in nearly five years on a ...

South Korea is testing its digital currency in real-world settings, and 7-Eleven is one of the first major retailers on board.

South Korea's acting President Han Duck-soo vetoed on Tuesday a revision to the Commercial Act, saying the law's broadening ...

The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve. Officials from the Korean central bank said in a March 16 response to ...

Eleven joins South Korea’s CBDC trial, offering 10% discounts for digital payments as the nation tests transaction speed, security, and consumer response.

South Korea’s headline inflation eased in February, providing room for the central bank to loosen monetary policy further to support the slowing economy. The benchmark consumer-price index rose ...

South Korea mounted the most vigorous defense ... in the exchange rate in the fourth quarter, data from the Bank of Korea on Monday showed. That’s the highest quarterly tally since the net ...