South Korea Dials Back CBDC Testing in Favor of Stablecoins
After three months of testing, South Korea’s central bank has postponed further development of its central bank digital currency (CBDC), ...
Tag: South Korea
Explore articles on South Korea’s cutting-edge payments and fintech landscape, highlighting its leadership in digital innovation. Learn how the country is transforming banking and financial services through advancements in technology, mobile payments, and fintech solutions, shaping the future of global finance.
South Korea to Launch QR Code-Based Payments System in Indonesia
Following a model established by China’s payments apps, South Korea plans to launch a QR code-centric payments service in Indonesia. ...
South Korea to Pilot CBDC at Retailers, Including 7-Eleven
Over the next three months, South Korea will conduct a trial run of its newly launched central bank digital currency ...
South Korea’s FSC Moves to Ban Crypto Payments Via Credit Cards
The South Korean Financial Services Commission (FSC) has introduced a proposed amendment to the Enforcement Decree of the Specialized Credit ...
Samsung and Bank of Korea Explore CBDCs for Offline Payments
Central bank digital currencies, or CBDCs, are gaining attention as a potential solution for modernizing payment systems around the world. ...
Apple to Allow Third-Party Payments for In-App Purchases in SK
In-app purchases are a type of payment system that allows users to buy digital goods or services within an app. ...
E-commerce Market in South Korea to Surpass US$242bn in 2025, Says GlobalData
South Korea’s e-commerce market ranks among the most developed in the world and has been on a sustained growth for ...
Interesting Debit Trends in Japan & South Korea:
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to ...
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