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South Korea eyes September launch for second phase of CBDC pilot: Report

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2 outlets - including Cryptopolitan and Cointelegraph - are covering this story. The Bank of Korea plans to launch the second phase of its CBDC pilot, Project Hangang, in September. Primarily, the initiative relies on a blockchain-based wholesale CBDC issued by the central bank to back the settlement of commercial bank…

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Bank of Korea to expand second phase of CBDC pilot program to nine banks
Cryptopolitan News Jul 20, 13:10 UTC

Bank of Korea to expand second phase of CBDC pilot program to nine banks

The Bank of Korea plans to launch the second phase of its CBDC pilot, Project Hangang, in September. Primarily, the initiative relies on a blockchain-based wholesale CBDC issued by the central bank to back the settlement of commercial bank…

South Korea eyes September launch for second phase of CBDC pilot: Report
Cointelegraph Jul 20, 07:18 UTC

South Korea eyes September launch for second phase of CBDC pilot: Report

The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits