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Bank of Korea Gears Up for Three-Month “Hangang” CBDC Trial with 100,000 Consumers

Coinedition LogoCoinedition10h ago

Bank of Korea Gears Up for Three-Month “Hangang” CBDC Trial with 100,000 Consumers - Coinedition

Quick Summary:

The Bank of Korea (BOK) will soon begin a three-month trial program for its central bank digital currency (CBDC), dubbed "Hangang.” Scheduled to start in April, this test aims to figure out if a CBDC can actually work for everyday transactions.  The trial will run until June and will include 100,000 everyday consumers along with […]

The post Bank of Korea Gears Up for Three-Month “Hangang” CBDC Trial with 100,000 Consumers appeared first on Coin Edition.

The focus of the project will be on using the CBDC for common purchases at places like supermarkets, online shopping sites, and convenience stores.

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Bank of Korea Gears Up for Three-Month “Hangang” CBDC Trial with 100,000 Consumers - Coinedition (Picture 1)

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Article Details

Author / Journalist: Peter Mwangi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 14:15:00 (10 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 175 words

Reading Time: 1 minutes read

Sentences: 51 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 27151642

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 18 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Bank of Korea Gears Up for Three-Month “Hangang” CBDC Trial with 100,000 Consumers" was covered 10 hours ago by Coinedition, a news publisher based in India.

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Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 18 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27151642
  • URL: https://chronographically.beamstart.com/news/bank-of-korea-gears-up-17423088892733

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