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Published 26 days ago

South Korean Central Bank Accelerates Plans for CBDC Rollout

Summary by Cryptopolitan
The Bank of Korea (BOK) plans to accelerate its Central Bank Digital Currency (CBDC) initiative.  As reported by Newsway, the bank aims to conduct a pilot program involving 100,000 participants by the end of 2024. This program will assess the functionality of the digital Korean Won in terms of usability and deposit capabilities. The Central Bank of South Korea is considering CBDC usability experiments  In October last year, the Bank of Korea dis…

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South Korean Central Bank Accelerates Plans for CBDC Rollout

The Bank of Korea (BOK) plans to accelerate its Central Bank Digital Currency (CBDC) initiative.  As reported by Newsway, the bank aims to conduct a pilot program involving 100,000 participants by the end of 2024. This program will assess the functionality of the digital Korean Won in terms of usability and deposit capabilities. The Central Bank of South Korea is considering CBDC usability experiments  In October last year, the Bank of Korea dis…

26 days ago
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