South Korea's opposition demands legal guarantees before CBDC launch
- —The party demands legal privacy guarantees before a CBDC launch
- —The second phase of Hangang expands participating banks from 7 to 9
- —Wallets in the pilot will grow from 100,000 to 500,000
- —Hangang is a wholesale CBDC, with consumers using banks' deposit tokens
Why it matters: Political resistance could slow digital asset legislation and the CBDC launch in South Korea.
Source: crypto.news
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