Condividi questo articolo
South Korea’s Central Bank to Choose Supplier for Digital Currency Pilot
The Bank of Korea is looking for a technology supplier to explore a digital currency in a test environment.
Make us preferred on Google
South Korea’s central bank took another step toward developing a central bank digital currency (CBDC) with plans to build a pilot platform, according to a report.
STORY CONTINUES BELOW
Non perderti un'altra storia.Iscriviti alla Newsletter Crypto Daybook Americas oggi. Vedi tutte le newsletter
- The Bank of Korea (BOK) said it intends to select a technology supplier through an open bidding process to research the practicalities of a CBDC, Reuters reported Monday.
- The test will run from August to December and involve simulations of banks and retailers, and include mobile-phone payments, funds transfers and deposits.
- BOK’s research into the issuance of a CBDC was published in February, and determined that it could be treated as fiat currency, not a crypto asset, and could therefore be exchanged freely with cash.
- In March, Seoul-based Shinhan Bank said it had built a blockchain-based pilot platform for a potential South Korean CBDC, which would involve intermediaries such as Shinhan to distribute the digital won to consumers.
- Central banks of numerous major economies have announced intentions to research and develop CBDCs in recent months. China is leading the way, with a digital yuan being rolled out to consumers following trials in late 2020.
See also: Card-Based Digital Yuan Wallet Manufacturer to Use Fingerprint ID Tech
Di più per voi
Di più per voi
Eric Trump reitrates claim bitcoin is just getting started on its road to $1 million
U.S. President Donald Trump’s son Eric Trump acknowledged bitcoin’s volatility but said its upside potential outweighs the risks as prices hover below $70,000.
Cosa sapere:
- Eric Trump reiterated his prediction that bitcoin will eventually reach $1 million, saying he has never been more bullish on the cryptocurrency.
- Speaking at the World Liberty Financial forum at Mar-a-Lago, he cited bitcoin's roughly 70% average annual gain over the past decade and challenged critics to name a better-performing asset class.
- His renewed optimism comes despite bitcoin trading below $67,000 and falling from its 2025 peak above $126,000, and as the Trump family deepens its involvement in crypto through the World Liberty Financial venture.
Top Stories
