Bank of Korea Sees No Reason for Central Bank Digital Currency
Bank of Korea sees no need to generate a Central Bank Digital Currency (CBDC), an official shared the regulator’s position. Despite the overwhelming presence of cryptocurrency projects in South Korea, the country’s central bank is skeptical of the drive for CBDCs.
Bank of Korea Warned Against Speculations for Launching CBDC
Bank of Korea, however, will continue its exploration of digital assets…
