The exploration is part of Project Cedar, an experiment conducted by the BIS to test the worthiness of wholesale CBDC...

South Korea sees a nearly 10% rise in illegal forex transactions tied with digital assets this 2022, forcing authorities to...

The Financial Supervisory Service has discovered KRW1.6 trillion ($1.2 billion) of forex transactions at five Woori Bank branches. Another KRW2.5...

The banks will settle bilateral transactions using a shared settlement system to process USD, CAD, GBP, and EUR with plans...

Overhauling ‘arcane’ finance sector with Bitcoin SV-powered DRIVE Pay