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Category BOK

South Korea’s 7-Eleven to accept CBDC payments

South Korea’s 7-Eleven to accept CBDC payments

South Korea’s 7-Eleven shops will be taking part in the test phase of the Bank of Korea’s digital currency (CBDC) project. To that end, the retaile...
Apr, 02, 2025
3 min read
by CryptoPolitan
South Korea’s crypto investor base surges over 50% last year

South Korea’s crypto investor base surges over 50% last year

A survey carried out on the 21st of March across five South Korean crypto exchanges revealed that the number of domestic crypto investors increased...
Mar, 22, 2025
4 min read
by CryptoPolitan
The Bank of Korea to initiate ‘Hangang’ CBDC pilot with 100,000 citizens next month

The Bank of Korea to initiate ‘Hangang’ CBDC pilot with 100,000 citizens next month

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...
Mar, 18, 2025
3 min read
by CryptoPolitan
South Korea’s central bank doubles down on interest rate cuts

South Korea’s central bank doubles down on interest rate cuts

South Korea's central bank announced a surprise decision to cut its benchmark interest rate for a second consecutive session on November 28th. The ...
Nov, 28, 2024
3 min read
by CryptoPolitan