Bank of Korea halts CBDC project as support grows for won-pegged stablecoins. Eight major banks now plan a stablecoin launch.

South Korea's central bank paused its central bank digital currency (CBDC) project after President Lee Jae Myung’s ...

A recent industry survey found that more than half of South Koreans aged 20 to 59 have experience trading crypto. Moreover, ...

The South Korean government’s crypto promises have reportedly derailed the Bank of Korea’s CBDC, as banks partaking in the ...