🇰🇷 S. Korea's central bank says it won’t issue a digital currency in near future
The Bank of Korea (BOK) has issued the results of a study on central bank digital currency (CBDCs), finding no urgent need for issuance exists. The study focused on the legal and social effects of CBDC in the Korean economy. According to a BOK spokesman, the BOK is now pivoting to a more in depth study of the prospects and impact of CBDC issuance.
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