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The Bank of Korea to conduct Central Bank Digital Currency pilots

by CBDC Insider Staff
April 8, 2020
in Asia, Business
Reading Time: 1min read
0
The Bank of Korea to conduct Central Bank Digital Currency pilots
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Last week the Bank of Korea announced plans to pilot a Central Bank Digital Currency (CBDC). The Bank set out a schedule for the pilot despite having rejected the idea of a CBDC just four months ago.
Talking to the Korea Times on Monday, an official explained: “The U.S. and Japan had had no plans to issue a CBDC in the near future, but they changed their stance recently to enhance research in the emerging area.”

Continue read: https://www.ledgerinsights.com/central-bank-digital-currency-cbdc-bank-of-korea-won-pilots/

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