The Bank of Korea has successfully completed live cross-border payment tests using tokenized central bank reserves under the Bank for International Settlements-led Project Agora, processing transactions across six currencies and multiple payment scenarios. According to the Bank of Korea, theβ¦
South Korean police have searched the home of former Incheon Mayor Yoo Jeong-bok and city offices as part of an investigation into allegations that cryptocurrency assets were omitted from his local election financial disclosure. According to South Koreaβs Yonhap Newsβ¦
South Korea has moved to deepen venture capital ties with Silicon Valley as President Lee Jae-myung has urged six of the worldβs largest venture capital firms to invest in Korean startups while the National Pension Service has signed long-term investmentβ¦
KB Kookmin Bank has expanded its blockchain strategy by preparing to launch a Kinexys-powered cross-border corporate payment service next month, becoming the first South Korean bank to use J.P. Morganβs blockchain payment network for trade settlements. South Koreaβs Yonhap Newsβ¦