South Korea's Central Bank to Test Wholesale CBDCs in New Partnership – Here's What You Need to Know
South Korea's central bank, the Bank of Korea (BoK), is set to embark on a wholesale central bank digital currency (CBDC) test in collaboration with the Bank for International Settlements (BIS) and other key institutions...
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The pilot project aims to assess the feasibility of building a future monetary system for South Korea based on wholesale CBDCs....
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