State-Issued Digital Currencies Can Squeeze Banks, Says South Korea Central BankState-Issued Digital Currencies Can Squeeze Banks, Says South Korea Central Bank thenewsarticles

South Korea’s central financial institution issued a caution over central financial institution virtual currencies (CBDCs) per week after announcing it might no longer introduce one itself. The advance was once reported in native information outlet Yonhap Information Company, Feb. 7. CBDCs, that are additionally identified variously as state-backed or government-backed virtual currencies, contain a blockchain-based ...