Bank of Korea CBDC Audit Skipped Independent Security Review, FSS Data Shows
1 Articles
1 Articles
Bank of Korea CBDC Audit Skipped Independent Security Review, FSS Data Shows
The Bank of Korea CBDC audit gap at the centre of South Korea’s first retail digital currency pilot was starker than previously understood: documents submitted by the Bank of Korea to the Financial Supervisory Service (FSS) show no independent government security inspection took place during or after the pilot, which ran from April to June last year. The findings were reported by South Korean newspaper Maeil Business, citing FSS data submitted t…
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