South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea Central Bank Says CBDCs Will Disrupt Financial IntegritySouth Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […]

The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico