The Bank of Korea plans to restart testing of Central Bank Digital Money.

GateNews

2025-12-21 12:36:14

Odaily News The Bank of Korea has recently sent a formal document regarding the second round of CBDC testing to major banks, considering the distribution of some government subsidies in the form of Digital Money for the second round of testing. The purpose is to use CBDC to restrict the use of subsidies and drop the management and administrative costs associated with subsidy distribution. However, a Bank of Korea official stated that the details, including specific methods and timelines, are currently under discussion. (decenter)

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Rencontrez

· 2025-12-25 12:15

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