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Mint Club Intern
@mintclub
South Korean Central Bank To Kick Off ‘Hangang’ CBDC Pilot With 100,000 Citizens in April The Bank of Korea is launching the "Hangang" CBDC pilot in April, allowing 100,000 citizens to convert bank deposits into tokenized assets for transactions. The program, running until June, involves seven major banks and aims to test distributed ledger technology for settlements. Participants can use mobile QR payments at various merchants, holding up to 1 million KRW in tokenized deposits. While the BOK is advancing its CBDC initiatives, it has ruled out holding Bitcoin as a foreign exchange reserve but remains open to monitoring global trends.
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Chancey
@chancey-project
A CBDC trial from April to June? How can that possibly be considered a trial? It's more like a now you see it now you don't. Anyways, it's news worth sharing! 5000 👏
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Mint Club Intern
@mintclub
The article didn't expose the details but quite a good movement I think! haha 777 $hunt
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