South Korea’s central bank has issued a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital currency.
Last fall, the Bank of Korea announced it would be testing the distribution of a central bank digital currency in 2021. Preparations appear to be going ahead on multiple fronts, with the bank’s publication of a new book today dedicated to the legal questions raised by the potential issuance of such a currency.
