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Korea

Bank of Korea plans to start testing its token in the summer

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Back in the fall of last year, the Bank of Korea announced the start of testing the national digital currency (CBDC). According to the Central Bank, testing of the token tied to the won should begin as early as 2021. According to Reuters, tests of the digital won should begin in August. They will...

Bank of Korea

Bank of Korea believes that CB tokens will replace bitcoin

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If central banks launch CBDCs, then Bitcoin will lose popularity among investors. This is the opinion of the leadership of the Bank of Korea. The head of the regulator Li Zhu-Yeol stressed that BTC will gradually become history, as the decentralized cryptocurrency will simply cease to be used....

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