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South Korea Central Bank Says State-Issued Digital Currencies Can Squeeze Banks
Summary: According to a report by the Korean news agency Yonhap News Agency on February 7, the South Korean central bank issued a message saying that it will not introduce central bank digital currencies (CBDCs). Many countries are currently studying the feasibility of CBDC, and South Korea officially decided not to take any measures in late ...
According to a report by the Korean news agency Yonhap News Agency on February 7, the South Korean central bank issued a message saying that it will not introduce central bank digital currencies (CBDCs). Many countries are currently studying the feasibility of CBDC, and South Korea officially decided not to take any measures in late January. The decision was made after a six-month consultation with Bank of Korea (BoK).
Tags: Bank
Link: South Korea Central Bank Says State-Issued Digital Currencies Can Squeeze Banks [Copy]
