South Korea Edges Closer to CBDC Rollout Without Any Comitment

The Gwangandaegyo or Diamond Bridge in Busan, SouthKorea Source: Adobe/Tom. The South Korean main bank has actually declared its digital currency strategies– however continues to add disclaimers, refusing to commit to releasing a digital version of its won fiat currency. Per paper Hankyoreh, the main Bank of Korea (BOK) has actually launched a method file […]

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Digital Yuan Rollout Is ‘Action to Facebook’s Libra’

Source: Adobe/kaprikfoto. A South Korean financial specialist states that China’s upcoming digital yuan will be utilized in cross-border trading– potentially changing the United States dollar in lots of international offers– and has actually been accelerated as a reaction to Facebook‘s Libra project. Per Maeil Kyungjae, Kim Jong-han, a senior scientist at the Korea Institute of […]

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