Seoul to host conference on digital money and economic impact By Investing.com

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SEOUL – South Korea’s capital is gearing up for a major convention titled “Digital Cash: Navigating a Altering Monetary Panorama,” bringing collectively monetary specialists and policymakers to debate the financial implications of digital currencies. The occasion, organized by the Financial institution of Korea (BOK), South Korea’s finance ministry, and the Worldwide Financial Fund (IMF), is scheduled for Thursday to Friday subsequent week.

The convention goals to make clear the evolving position of digital currencies within the international monetary system and the challenges they current to conventional regulatory frameworks. Members will discover how central banks can adapt to those modifications and what methods may be employed to harness the advantages of digital currencies whereas mitigating potential dangers.

Keynote audio system will embrace South Korea’s Finance Minister Choo Kyung-ho, BOK Governor Rhee Chang-yong, and IMF head Kristalina Georgieva. Their insights are anticipated to handle important monetary subjects such because the impression of digital currencies on financial development, the necessity for strong regulatory responses, and the strategic involvement of central banks on this quickly altering panorama.

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