
South Korean lawmaker flags transaction-tracing risk in Bank of Korea's Han River digital won project
- —Lee Jun-seok: once a wallet address is identified, a non-party bank can see the amount and time of a transfer
- —BOK Governor Shin Hyun-song: transaction data is accessible only to the parties involved, unlike public blockchains
- —The lawmaker warned of wider exposure if systems of participating banks are hacked
- —The central bank promised written explanations on data protection in the Han River project
Why it matters: The debate sets privacy boundaries for South Korea's digital won pilot and could shape the design of future CBDCs.
Source: Blockmedia
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