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Central Bank of Korea Includes Research on CBDCs in Annual Report

Published 03/26/2019, 10:44 AM
Updated 03/26/2019, 11:03 AM
Central Bank of Korea Includes Research on CBDCs in Annual Report

South Korea’s central bank has included a summary of research on central bank digital currencies (CBDC) in its 2018 annual payment settlement report issued Tuesday, March 26.

The development of distributed ledger technologies (DLT) and crypto assets has fueled a debate over CBDCs, especially after Uruguay and Tunisia issued their own, the report reads.

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