Bank Of Korea Shows His Intrest In Digital Currency

Now A Days We Are Looking At The Different Banks In The World Who Are Taking Steps Against Cryptocurrency.
But Now Good News For Crypto Investers Are That Bank Of Korea (BOK) Shows Their Interest in Digital Currency And To Creat A Cashless Society.

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According To Korea Times, BOK Is Interested To Creat A Central Bank Digital Currency. They Are Currently Exploring The Possible Ways To For That.

A senior Economist Says At Samsung Economic Research Institute,

“The critical factor that magnifies the way a market moves is sentiment….The BOK’s interest in digital currencies isn’t that new, and is good in terms of market sentiment”

Along With China, Sweden, Singapore and Japan. Korea is The Fifth In The List Of Exploring A Central Bank Digital Currency (CBDC)

The Bank Of Korea Commented,

“A task force has been studying the possibility of issuing a CBDC and how digital currencies will influence the country’s overall financial sector since January. We will announce updates on this issue by the end of June.”

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