South Korea to Trial CBDC With 100,000 Users and 7 Banks

South Korea’s CBDC pilot will contain seven main banks issuing deposit tokens, enabling 100,000 contributors to make digital funds at prime retailers like 7-Eleven, Hyundai House Buying, and Kyobo Bookstore. South Korea’s CBDC Pilot to Take a look at Deposit Tokens in Actual-World Transactions South Korea’s central financial institution, the Financial institution of Korea (BOK), is gearing as much as launch […]



Source link