-
15:55Korea to begin experiment with central bank digital currency
-
15:38PM orders measures to prevent public opinion manipulation
-
15:25Show must go on: 28th Busan International Film Festival kicks off despite setbacks
-
15:23Sunmi to return with new digital single ‘Stranger’
-
15:23Fifty Fifty’s agency, Attrakt, files W1b compensation claim against The Givers
-
15:22Star lecturers, hagwon probed over buying Suneung questions
-
15:14Questions raised over Taihan Cable’s quality control
-
15:121 in 4 foreign workers earn more from unemployment benefits than from work
-
15:10[Photo News] Whiskey in vogue
-
15:06SK On marks 2nd anniversary with twofold revenue, capacity growth

Economy
Korea to begin experiment with central bank digital currency
South Korean authorities are to chart out a new era of digital payments, carrying out a pilot test for a central bank digital currency, or CBDC, to determine how it could be used as savings and transactions vehicles, according to an announcement made by related authorities on Wednesday. From the fourth quarter of next year, not only banks and other financial institutions, but also individuals will be able to participate in a pilot program for the CBDC platform. The Bank of Korea, Financial Servi