SEOUL – South Korea’s capital is gearing up for a big convention titled “Digital Money: Navigating a Changing Financial Landscape,” bringing collectively monetary specialists and policymakers to debate the financial implications of digital currencies. The occasion, organized by the Bank of Korea (BOK), South Korea’s finance ministry, and the International Monetary Fund (IMF), is scheduled for Thursday to Friday subsequent week.
The convention goals to make clear the evolving function of digital currencies within the international monetary system and the challenges they current to conventional regulatory frameworks. Participants 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 embody South Korea’s Finance Minister Choo Kyung-ho, BOK Governor Rhee Chang-yong, and IMF head Kristalina Georgieva. Their insights are anticipated to deal with crucial monetary matters such because the affect of digital currencies on financial progress, the necessity for sturdy regulatory responses, and the strategic involvement of central banks on this quickly altering panorama.
This article was generated with the help of AI and reviewed by an editor. For extra data see our T&C.