Line, a Tokyo-based subsidiary of the South Korean internet search engine company Naver, is building a platform for developing central bank digital currencies, South Korean news agency the Chosun Ilbo reported on Oct. 19.
Sources familiar with the matter reportedly told Chosun Ilbo that Line aims to support the development of a so-called “customized CBDC.”
Continue Reading on Coin Telegraph
![Japanese messaging giant Line developing CBDC platform](https://d1-invdn-com.akamaized.net/content/pic6dc57c57f7493b1a0878f807c473fdf2.jpg)