Central Financial institution of Korea Attracts Future Coverage for CBDC Cost System


The Central Financial institution of Korea (BOK) has launched its 2022 Cost Techniques Report.Reviews that system monitoring was profitable Mentionedand are gearing up for the way forward for Central Financial institution Digital Currencies (CBDC), with intensive discussions on stablecoin regulation.

Based on the report, the BOK-Wire+ high-speed fee system has been upgraded to real-time gross settlement (RTGS) and adopts the ISO 20022 commonplace, which is anticipated to be applied in 2028. The financial institution can even strengthen its oversight of “large tech” fee companies and strengthen its means to answer “IT operational dangers.”

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