South Korean President Lee Jae Myung said Thursday that the country is working hard to strike a trade deal with the United ...

South Korean President Lee Jae Myung says that it remains unclear whether Seoul and Washington can conclude their tariff ...

Bank of Korean Governor Rhee Chang-Yong discusses government plans for Won-denominated stablecoins, monetary policy, the ...

South Korea is scrapping a 14-year-old ban on local institutions investing in so-called Kimchi bonds sold for domestic use, ...

SEOUL (Reuters) -South Korea's exports likely rebounded in June on the back of strong tech demand, following a decline in May ...

The Bank of Korea (BOK) suspended its central bank digital currency project, Singaporean financial newspaper Business Times ...

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

A board member of South Korea's central bank on Wednesday expressed concern about financial stability risk stemming from ...

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

The senior deputy governor of South Korea's central bank said it was desirable to introduce won-denominated stablecoins at a gradual pace, first with rigorously-regulated commercial banks.

The Republic of Korea foreign reserves rebounded in June from the lowest level in five years, central bank data showed Thursday.The country's foreign reserves stood at US$410.2 billion as of end-June, ...

Bank of Korea’s Governor Rhee Chang-yong expressed concerns that won-based stablecoins could spur more demand for U.S. dollar ...