✉news BusinessBanking first seen 1 d ago, last 21 h ago, peak #11
Bank of Korea Advances CBDC Deposit Token Plan
The Bank of Korea is moving forward with a plan to develop deposit tokens as part of its central bank digital currency work. The initiative would let commercial banks issue tokenised deposits linked to a wholesale CBDC, part of the bank's broader testing of digital money infrastructure. The announcement has drawn attention from crypto and banking observers tracking how major central banks are edging toward tokenised payments.
Why now: Central banks advancing digital currency and tokenised deposit projects is a live topic in both crypto and traditional finance circles.
Evidence
- Bank of Korea Advances CBDC Deposit Token Plan · CoinMarketCap
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