LATEST: 🇰🇷 The Bank of Korea may launch phase two of its Project Hangang CBDC pilot as early as September, expanding the wholesale trial to nine banks from seven, per Yonhap News.
The Bank of Korea plans to expand its Project Hangang CBDC wholesale pilot to nine banks starting September.
LATEST: 🇰🇷 The Bank of Korea may launch phase two of its Project Hangang CBDC pilot as early as September, expanding the wholesale trial to nine banks from seven, per Yonhap News.
Bank of Korea Scales Up CBDC Pilot With Half a Million Users
🇰🇷 SOUTH KOREA IS SCALING ITS CBDC PILOT TO HALF A MILLION USERS!! The Bank of Korea is expanding its digital currency trial well beyond the small test groups most central banks have run, pulling in real, everyday users at scale. Half a million people testing a CBDC isn't a lab experiment anymor
Bank of Korea Scales Up CBDC Pilot With Half a Million Users https://t.co/SZFYAGPkvL
🇰🇷 JUST IN: Bank of Korea scales up its CBDC pilot to 500,000 users and nine banks as it prepares for live transactions in September. Phase 1 opened 81,000 wallets but only 42% actually spent anything. Phase 2 adds biometric payments, person-to-person transfers, and real government subsidy disb