Korea Regulierungsbehörde zur Überprüfung der CBDC-Startfähigkeit

The Bank of Korea (BOK) will begin testing THE CBDC in 2021. This will keep up in the global race for a successful crypto-future

The CBDC testing phase has ambitious goals. To do this, a special controlled environment will be created, which will help to identify both the shortcomings and benefits to the Korean financial system.

If the CBDC proves its benefit, the flaws found will be corrected. The national cryptocurrency will be 100% healthy and safe. It will be possible to establish peer-to-peer settlements between people, and the country's GDP will increase by 3%.

For users, the central bank also issued a memo on the CBDC. It outlines all aspects and regulations that control the release and use of South Korea's CBDC.