South Korea Steady in Their CBDC Plans, Searching for a Local Consulting Partner

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

The central bank of South Korea, the Bank of Korea, is moving towards the technical phase in their concerted effort to pilot a central bank digital currency (CBDC)–the digital won, and will pick a consulting partner a month after completing the review of the first phase reports The Korea Times on Aug 31. Bank of Korea

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