Macro· ★★★· neutral·

Bank of Korea tests 24/7 won settlement with four banks

  • —The 24/7 won settlement network test is underway with four Korean banks
  • —Full launch is scheduled for January 2027 with foreign banks to be connected
  • —Foreigners will be able to settle in won through RFI-K non-resident accounts
  • —BOK is testing tokenized settlement in the Agorá project and the Hangang pilot
Why it matters: Expanding access to the won will simplify cross-border settlements and strengthen the integration of the central bank's blockchain infrastructure into global payments.
Source: CryptoHamster
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