Korea’s $1.6 Trillion Man Faces Giant Bubble Presidents Avoid

Rhee Chang-yong, the government’s nominee for Bank of Korea (BOK) governor, speaks to the media at … [+] Incheon International Airport in Incheon, South Korea, on March 30, 2022. SeongJoon...

Bank of Korea Completes First Phase of CBDC Testing

The Bank of Korea has completed the first phase of a central bank digital currency (CBDC) simulation testing in December 2021. Now, the regulator is going to proceed with the next phase. The first pha...