Republic of Korea: BOK, FSC, and MSIT MoU on pilot project for digital financial services using CBDC and tokenised deposits
Progress
Current status
adopted
06 Nov 2024 adopted
Scope
Implementers
Republic of Korea
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Adopted BOK, FSC, and MSIT MoU on pilot project for digital financial services using CBDC and tokenised deposits
On 6 November 2024, the Bank of Korea (BOK), Financial Services Commission (FSC), and Ministry of Science and ICT (MSIT) signed a Memorandum of Understanding (MoU) on the Pilot Project for Digital Financial Services Using CBDC and Tokenised Deposits…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government