News list for " Ministry of Science"
The Bank of Korea announced that it has signed a cooperation agreement with the Ministry of Science and Information Communication Technology (MSIT) and the Financial Services Commission (FSC) to jointly test the availability of digital currencies (CBDCs) and tokenized deposits. The central bank plans to pilot tokenized deposits among 100,000 people by the end of the year, and enable interbank settlement through a wholesale CBDC. In this trial, seven domestic banks will participate, and tokenized...
The central bank and the Ministry of Science and Technology have made arrangements for key regions to do a good job in science and technology financial services, and guided and promoted Beijing, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area and other areas with intensive science and technology elements to do a good job in science and technology financial services.
