The Bank of Korea will launch a pilot program to test its central bank digital currency (CBDC) in real-world transactions ...

The euro and yen are gaining momentum in the global foreign exchange market, emerging as key challengers to the U.S. dollar, ...

Those funds help prop up the regime. Hard currency is used to purchase luxury goods to keep elites in line. It also fuels ...

The Bank of Korea (BOK) is set to initiate a pilot program for its central bank digital currency (CBDC), named "Hangang," ...

The central bank's monetary easing in the coming months will not cause a further plunge of the Korean currency or fuel inflation, economists and analysts said Tuesday. Advancing the assessment is ...

South Korean stocks finished higher Wednesday, driven by big-cap tech and steel shares, amid expectations for a recovery in ...

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Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.

The cryptocurrency exchange Bybit lost $1.5 billion to North Korean hackers last month — and it all traced back to an account ...

South Korea’s Acting President Choi Sang-mok ordered the authorities to prepare measures to streamline regulations on foreign ...

The Bank of Korea is set to launch a CBDC pilot program, Hangang, to test the feasibility of central bank digital assets for real-time transactions.