{"id":8712,"date":"2026-04-23T02:43:45","date_gmt":"2026-04-23T02:43:45","guid":{"rendered":"https:\/\/acudc.com\/?p=8712"},"modified":"2026-04-23T02:48:59","modified_gmt":"2026-04-23T02:48:59","slug":"bank-of-korea-signs-agreement-with-regulators-for-cbdc-tokenized-deposit-trials","status":"publish","type":"post","link":"https:\/\/acudc.com\/th\/bank-of-korea-signs-agreement-with-regulators-for-cbdc-tokenized-deposit-trials\/","title":{"rendered":"Bank of Korea signs agreement with regulators for CBDC,\u00a0tokenized\u00a0deposit trials"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"8712\" class=\"elementor elementor-8712\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"797\" height=\"507\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/04\/News0423.01.jpg\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/04\/News0423.01.jpg 797w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/04\/News0423.01-300x191.jpg 300w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/04\/News0423.01-768x489.jpg 768w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/04\/News0423.01-18x12.jpg 18w\" sizes=\"(max-width: 797px) 100vw, 797px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Image by Ledger Insights<\/p><p>In September the Korean press reported that the central bank was preparing for a tokenized deposit trial targeting around 100,000 people. It follows the Bank of Korea announcing formal plans for such a trial a year ago, in combination with a wholesale central bank digital currency (wCBDC) for interbank settlement. Yesterday the central bank signed an agreement with the Ministry of Science and ICT (MSIT) and the Financial Services Commission (FSC) for the usability tests.<\/p><p>In June MSIT and the Korea Internet &amp; Security Agency (KISA) awarded a budget to the Bank of Korea to develop a voucher program using smartphones, where the vouchers can be used to purchase welfare, culture, education and other goods and services.<\/p><p>Hence, the central bank has developed a digital voucher management platform which aims to address the complexities of settlement relating to paper vouchers and the potential for fraud. Based on previous disclosures, the vouchers will use Singapore\u2019s purpose bound money (PBM) model, which essentially wraps the deposit token in a smart contract which defines the token\u2019s conditions of use.<\/p><p>Retrieved from:\u00a0<a href=\"https:\/\/www.ledgerinsights.com\/bank-of-korea-signs-agreement-with-regulators-for-cbdc-tokenized-deposit-trials\/\"><u>https:\/\/www.ledgerinsights.com\/bank-of-korea-signs-agreement-with-regulators-for-cbdc-tokenized-deposit-trials\/<\/u><\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Image by Ledger Insights In September the Korean press reported that the central bank was preparing for a tokenized deposit trial targeting around 100,000 people. It follows the Bank of Korea announcing formal plans for such a trial a year ago, in combination with a wholesale central bank digital currency (wCBDC) for interbank settlement. Yesterday &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/acudc.com\/th\/bank-of-korea-signs-agreement-with-regulators-for-cbdc-tokenized-deposit-trials\/\"> <span class=\"screen-reader-text\">Bank of Korea signs agreement with regulators for CBDC,\u00a0tokenized\u00a0deposit trials<\/span> Read More &raquo;<\/a><\/p>","protected":false},"author":8,"featured_media":8709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[27,78],"_links":{"self":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/8712"}],"collection":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/comments?post=8712"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/8712\/revisions"}],"predecessor-version":[{"id":8716,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/8712\/revisions\/8716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media\/8709"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media?parent=8712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/categories?post=8712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/tags?post=8712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}