Central Bank of South Korea Confirms No Plan of Issuing Crypto

Central Bank of South Korea Confirms No Plan of Issuing Crypto

The central bank of South Korea, the Bank of Korea (BOK) have confirmed that they don’t have any plan of issuing cryptocurrency. A unnamed spokesperson of BOK said, “We have no plans to issue any type of CBDC that is available for all people in the near future & working on benefits and costs of CBDC implementation first.”

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