#Bank of Korea

South Korea: Central Bank Report States CBDCs Could Reduce the Role of Commercial Banks

March 27, 2019 by Aisshwarya Tiwari at News

On March 26, 2019, South Korea’s central bank published 2018 Annual Payment Settlement Report. In the report, the country’s apex bank has given a summary of research it conducted on central bank digital currencies (CBDCs). Promising Future for Crypto Assets South Korea is one of the global hotbeds when it...