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Hospital visits to require IDs for insurance coverage

Starting Monday, an identity verification process has been mandated for those wishing to receive national health insurance benefits for medical services in South Korea. The recent revision to the National Health Insurance Act came into effect, according to the Ministry of Health and Welfare, as patients are required to carry a certified form of identification with them when they visit medical facilities. Those who do. ....

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National Bank of Georgia, Korean telecommunications institute sign deal to strengthen payments infrastructure in Georgia

National Bank of Georgia, Korean telecommunications institute sign deal to strengthen payments infrastructure in Georgia
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BOK to add 2 economists with global experience to monetary policy committee

Lee Soo-hyung, a professor at the Graduate School of International Studies at Seoul National University, and Kim Jong-hwa, former deputy governor of the Bank of Korea (BOK), have been recommended as new members of the seven-member monetary policy committee, the central bank announced on Friday. ....

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South Korea to launch digital currency pilot with 100,000 residents next year

South Korea to launch digital currency pilot with 100,000 residents next year
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Bank of Korea to Launch Retail CBDC Pilot Program

Bank of Korea to Launch Retail CBDC Pilot Program
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