China Worries Driving South Korean Central Bank to CBDC Research

The South Korean central bank is launching a second central bank digital currency (CBDC) team – a year after disbanding its first group of CBDC researchers.
The central Bank of Korea (BOK) announced its intentions to launch the new unit, which it says will conduct CBDC-related research, in what appears to be a direct response to China’s plans to issue a digital yuan.  Read more »
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