BOK, finance ministry, IMF to hold conference on digital money

▲ BOK freezes key rate for 7th time In this file photo, Bank of Korea (BOK) Gov. Rhee Chang-yong bangs the gavel to open a Monetary Policy Committee meeting at the central bank in Seoul on Nov. 30, 2023. The central bank held its key interest rate steady at 3.5 percent for the seventh straight time as it cut its growth outlook for next year amid uncertainties. (Pool photo) (Yonhap)

digital currency-intl conference

BOK, finance ministry, IMF to hold conference on digital money

SEOUL, Dec. 8 (Yonhap) -- The Bank of Korea (BOK), the finance ministry and the International Monetary Fund (IMF) will hold a conference next week on digital money's economic impacts, its regulations and the role of a central bank in the digital currency scheme.

During the two-day conference, titled "Digital Money: Navigating a Changing Financial Landscape," that runs from next Thursday to Friday in Seoul, South Korean Finance Minister Choo Kyung-ho, BOK Gov. Rhee Chang-yong, IMF managing director Kristalina Georgieva and other prominent figures will give speeches, and participate in a series of panel discussion on the digital currency's futures, regulations and others, the BOK said.

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