Bank of Korea

Bank of Korea: CBDC will be tested on Samsung Galaxy phones

The central bank of Korea is piloting a digital currency with Samsung, a South Korean multinational firm. Bank of Korea announced that it would make an offer to select its technological supplier for the central bank digital currency (CBDC). Ground X, whose Klaytn platform will host the CBDC, was given the contract despite tough competition. The objective of CBDC is

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