South Korea’s central bank digital currency (CBDC) experiment is moving into a new phase that will connect the pilot to commercial banks’ real account systems, according to an ET News report.
According to ChainCatcher, participating banks are building the required infrastructure in a central bank-designated testing environment using Naver Cloud.
The infrastructure includes e-wallets for customers and merchants, a voucher system for executing fiscal fund payments, digital currency management tools, and a blockchain integration module. The system is ultimately expected to integrate with banks’ core account ledgers and smart banking services.
South Korea’s CBDC Pilot to Link With Commercial Bank Account Systems, ET News Reports
2026-06-22 05:23:46
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