CBDC: South Korea selects regions for pilot

The Bank of Korea has chosen three regions,  excluding Seoul, to pilot its Central Bank Digital Currency(CBDC). On July 31st,  the bank confirmed these regions as candidates for the “private target CBDC test bed.” The bank plans to select one of these regions and conduct closed tests of the CBDC while experimenting with payments and … Continue reading CBDC: South Korea selects regions for pilot