#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #HTX Creation Challenge — Post and Win 1,500U 💥 South Korea deepens CBDC push – All about the new phase of ‘Project Hangang’
South Korea’s CBDC initiative, Project Hangang, is set to advance to a more advanced stage. According to a recent report from ETNews Korean Edition, the country’s existing mobile banking and account infrastructure is being integrated with the digital currency system.
The plan calls for participating banks to issue deposit tokens that are secured by a Bank of Korea’s wholesale CBDC.
Instead of directly holding the digital currency issued by the central bank, customers will use these deposit tokens through e-wallets integrated into their banking applications.
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