South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

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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 […]

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