Financial Supervisory Service data show that Korea's central bank did not conduct independent security verification during the first phase of its CBDC pilot. According to NS3.AI, participating banks carried out their own IT vulnerability self-assessments before the launch.
The Bank of Korea said preliminary reviews were sufficient, but critics argued the process did not amount to independent third-party verification.
South Korea's Central Bank Skipped Independent Security Checks in CBDC Pilot
2026-07-21 04:06:33
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