South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report

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South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report

The project will see 100,000 people – roughly 0.2% of the country’s population – be able to purchase goods with tokens issued by commercial banks in the form of CBDC. Use will be restricted to purchasing goods, with other uses such as remittance not permitted. www.coindesk.com

The project will see 100,000 people – roughly 0.2% of the country’s population – be able to purchase goods with tokens issued by commercial banks in the form of CBDC. Use will be restricted to purchasing goods, with other uses such as remittance not permitted.

www.coindesk.com

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