South Korea’s Central Bank Wants to Digitize the Won

South Korea is a very prominent country when it comes to cryptocurrencies and finance. It now appears that a digital Won is being explored, with a pilot program running until late 2021. There are multiple countries aiming to digitize their fiat currency in the coming years. Digitizing the South Korean Won Slowly but surely, all financial transactions are shifting to the digital space. Exploring additional options in that regard is never a wasted effort. In South Korea, there is an experiment going on to digitize the local Won currency. The project is monitored by South Korea’s central bank, and will

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