South Korea: Central Bank Conducts Research Into Global Adoption of CBDCs


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South Korea Central Bank Report States CBDCs Could Reduce the Role of Commercial Banks 350x209 1

The South Korea central bank, the Bank of Korea (BoK) recently released a paper detailing its research into the adoption and advancement of central bank digital currency (CBDC) across different central banks globally. Central Banks Adopt DLT for CBDC Projects In a report by the Bank of Korea published on Monday (May 18, 2020) the

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