🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Seoul to host conference on digital money and economic impact

EditorAmbhini Aishwarya
Published 12/08/2023, 04:20 PM
© Reuters.

SEOUL - South Korea's capital is gearing up for a significant conference titled "Digital Money: Navigating a Changing Financial Landscape," bringing together financial experts and policymakers to discuss the economic implications of digital currencies. The event, organized by the Bank of Korea (BOK), South Korea's finance ministry, and the International Monetary Fund (IMF), is scheduled for Thursday to Friday next week.

The conference aims to shed light on the evolving role of digital currencies in the global financial system and the challenges they present to traditional regulatory frameworks. Participants will explore how central banks can adapt to these changes and what strategies might be employed to harness the benefits of digital currencies while mitigating potential risks.

Keynote speakers will include South Korea's Finance Minister Choo Kyung-ho, BOK Governor Rhee Chang-yong, and IMF head Kristalina Georgieva. Their insights are expected to address critical financial topics such as the impact of digital currencies on economic growth, the need for robust regulatory responses, and the strategic involvement of central banks in this rapidly changing landscape.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.