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South Korea’s Central Bank Wants to Digitize the Won

by CBDC Insider Staff
April 8, 2020
in Asia, Business
Reading Time: 1min read
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South Korea’s Central Bank Wants to Digitize the Won
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In South Korea, there is an experiment going on to digitize the local Won currency.
The project is monitored by South Korea’s central bank, and will run until December 2021.
It is not the first time such a venture is being discussed in the country.
Initial remarks first surfaced in late 2018, as the South Korean government expressed an interest in stablecoins.

Continue read:https://themerkle.com/south-koreas-central-bank-wants-to-digitize-the-won/

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