Bank of Korea Reportedly Selects 3 Cities to Pilot CBDC
According to a local South Korean media outlet, the Bank of Korea has selected three regions to pilot its central bank digital currency (CBDC), none including the country’s capital, Seoul. The Bank of Korea confirmed on July 31 that Jeju, Busan, and Incheon have been selected as candidates for the “private target CBDC test bed.” […]