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Bank of Korea to launch digital currency simulation in August

Seoul [South Korea], May 25 (ANI/Global Economic): The Bank of Korea is launching a simulation of Central Bank Digital Currency (CBDC) in August. Rather than issuing and commercializing CBDC right away, the idea is to test in advance from CBDC manufacturing to payment in a virtual environment.
Soult Ukpyolsi South Korea Central Bank Digital Currency Digital Currency Research Team Global Economic Process Assessment
Source: aninews.in

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