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Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch

by CBDC Insider Staff
June 16, 2020
in Asia, Business
Reading Time: 1min read
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Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
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South Korea’s central bank is moving ahead with research into digital currencies, as it sets up a legal panel to advise on possible regulatory sticking points.
Per an article in The Korea Times Monday, the Bank of Korea (BOK) said the six-person panel, comprised of legal experts in the financial and IT sectors, as well as one specializing in fintech, would provide guidance and advice to the bank as it develops and tests a central bank digital currency (CBDC).

Continue read: https://cryptobreaking.com/koreas-central-bank-forms-legal-panel-to-advise-on-possible-digital-currency-launch/

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