Beyond Borders: How The Korean Won is Going Global

Payments Innovation
20/12/2022 18 min
Beyond Borders: How The Korean Won is Going Global

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Episode Synopsis

The Korean won has been a restricted currency since the Asian Financial Crisis of 1997-98. Now, though, regulatory changes are putting the won on the verge of internationalization.In today’s episode, host Anthony Man and J Young Lee, Co-Founder and Chief Business Officer at SentBe, explore the historical context of this development, when and how it might happen, and why it is getting economists so excited.Also, find out just what’s driving the explosive rise of Korean cross-border payment Fintechs.

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