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7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial

Summary by Coin Desk

South Korea's 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June.The company is participating in the “Hangang Project” pilot of the CBDC. Customers with accounts at one of seven partner banks — including Kookmin, Shinhan and Woori — can pay for items at checkout by scanning a QR code from their digital wallet, similar to how many use mobile payment apps…

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7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial

2 days ago·Manila, Philippines

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Crypto News Flash

CBDC Payments Now Live at 7-Eleven Stores in South Korea - Crypto News Flash

7-Eleven stores in South Korea now accept CBDC as part of a nationwide trial program. The CBDC pilot involves major banks and retailers, with users converting up to 5 million won. Anyone who has ever rushed to a 7-Eleven because they were hungry in the middle of the night knows how convenient the chain is. But starting this month, 7-Elevens in South Korea will no longer be just places to buy instant noodles and canned coffee. Customers will now …

1 day ago

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breezeinflow.com

The Ethics of Control: Can CBDCs Uphold Freedom in a Digital Age?

This article follows our previous analysis on South Korea’s strategic approach to currency reform and digital sovereignty. Read Part I here → Currency as Strategy: Why South Korea Must Lead the Next Financial OrderIn the global race toward monetary modernization, few innovations have generated as much excitement—and anxiety—as Central Bank Digital Currencies (CBDCs). Touted as a breakthrough in payment efficiency, transparency, and policy agilit…

1 day ago

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https://www.cryptela.com

South Korea Kicks Off Nationwide Digital Currency Experiment

South Korea starts a trial for its central bank digital currency (CBDC). Participating businesses, including 7-Eleven, aim to gather consumer feedback. Continue Reading:South Korea Kicks Off Nationwide Digital Currency Experiment The post South Korea Kicks Off Nationwide Digital Currency Experim...

2 days ago

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bitdegree.org

South Korea’s CBDC Trial Goes Live at 7-Eleven

South Korea's 7-Eleven stores accept central bank digital currency payments with a 10% discount during the national trial ending June 30.

2 days ago

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World NEWS Live

7-Eleven South Korea to accept CBDC payments in national pilot program - WorldNL Magazine

7-Eleven is participating in the country’s CBDC test phase, which started on April 1 and will end on June 30. 794 Total views 2 Total shares South Korea’s 7-Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June, as the retailer participates in the test phase of its CBDC project. The convenience store chain will reportedly provide a 10% discount on all products paid for with CBDC during the test perio…

2 days ago

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