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The bank of Korea

The bank of Korea latest

South Korea's Central Bank to Conduct Mock Test on Functionality of CDBC
May 24th, 2021 - 10:30 GMT

South Korea's Central Bank to Conduct Mock Test on Functionality of CDBC

The Bank of Korea (BOK) said Monday it plans to carry out a mock test on the functionality of a central bank-issued digital currency ( CBDC ), as the bank seeks to study the potential introduction of a new cryptocurrency. The BOK said it plans to pick an operator of the mock test via bidding to check how CBDC functions in a virtual space. The test is expected to start ...
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