According to PANews, due to an increase in bank complaints and rising discussions about the Korean won stablecoin, the central bank of Korea's CBDC project has been put on hold before the second testing phase. The central bank decided to postpone testing to reduce uncertainty.
It is expected that banks will focus more on the introduction of the Korean won stablecoin. Currently, 9 banks, including the National Bank of Korea, are participating in open blockchain and DIDIA, and Busan Bank is also considering joining.