Deposit Tokens

Highlights: The new BOK governor prioritized CBDCs over stablecoins in his first speech to strengthen control over digital payments. South Korean lawmakers are drafting new rules to regulate stablecoin issuance and digital asset payments. Financial firms in Korea are building […]

Highlights: South Korea has launched a deposit token trial to replace government card payments. Deposit tokens allow authorities to control when and how government funds are used through preset rules. The pilot uses blockchain and a CBDC system to reduce […]

Highlights: South Korea plans to link its deposit tokens with public blockchain networks for secure digital use. Political leaders are urging the country to introduce a Korean won stablecoin to reduce crypto outflow. The Agora Project will enable cross-border token […]