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2019-12-29 01:01:00

South Korea CBDC research underway for 2020

China is gearing up to release its central bank digital currency (CBDC), and now the Bank of Korea (BoK) is conducting research to gear up for South Korea CBDC is underway in 2020. As part of the South Korea Monetary Policy 2020, the bank would be researching to understand and analyse several aspects of the cryptocurrency sphere and the advantages of a CBDC, local media reported. The BOK aims to build a better, reliable and enhanced settlements systems using the digital ledger technology. The bank has already announced the job opening for cryptocurrency experts in order to engage the best