South Korea Launches ‘Hangang’ CBDC Pilot in April

March 19, 2025

Catenaa, Wednesday, March 19, 2025- South Korea’s central bank will begin a large-scale pilot of its central bank digital currency (CBDC) project, named “Hangang,” in April, testing digital payments with 100,000 citizens and seven major banks.  The Bank of Korea (BOK) announced the three-month trial, running through June, to evaluate whether tokenized deposits can streamline […]