IntroducedDigitalWON
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#IntroducedDigitalWON South Korea's central bank will begin testing a digital won pilot with 100,000 participants in late 2025. The project will simulate everyday payments and government transfers using CBDC.
The Bank of Korea has partnered with Samsung and LG CNS to deploy blockchain infrastructure. Officials say full rollout could happen by 2027 if tests succeed.
The digital won will not bear interest and will function alongside traditional cash.
The Bank of Korea has partnered with Samsung and LG CNS to deploy blockchain infrastructure. Officials say full rollout could happen by 2027 if tests succeed.
The digital won will not bear interest and will function alongside traditional cash.
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