Bank of Korea’s CBDC Pilot Lacked Independent Security Oversight, Report Finds
Covered by 4 sources · 4 articles
4 outlets - including Coinedition, Cryptopolitan and Crypto and 1 more - are covering this story. The Bank of Korea’s first central bank digital currency (CBDC) pilot was carried out without formal inspections during or after the trial, according to data submitted by South Korea’s Financial Supervisory Service (FSS). The only security c…
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Bank of Korea’s CBDC Trial Lacked Independent Security Audits: Report
The Bank of Korea’s first central bank digital currency (CBDC) pilot was carried out without formal inspections during or after the trial, according to data submitted by South Korea’s Financial Supervisory Service (FSS). The only security c…
South Korea’s CBDC pilot skipped independent security audit
The pilot program for the central bank digital currency (CBDC) in South Korea seems to have gone through live blockchain payments with thousands of users without even a single independent security audit, raising new doubts as central banks…
Bank of Korea CBDC pilot skipped independent security audit, report says
South Korea’s first CBDC pilot has been conducted without any independent government security inspection, with participating banks relying mainly on their own pre-launch reviews before testing began. South Korean newspaper Maeil Business, c…
Bank of Korea’s CBDC Pilot Lacked Independent Security Oversight, Report Finds
BitcoinWorld Bank of Korea’s CBDC Pilot Lacked Independent Security Oversight, Report Finds The Bank of Korea’s first-phase central bank digital currency (CBDC) pilot test proceeded without formal security inspections or independent oversig…