Bank of Korea is Looking for a Partner for its CBDC

South Korea’s apex bank is working to ensure the timely initiation of a central bank digital currency (CBDC) pilot system. The bank completed a first-phase review last month prior to the establishment of the CBDC pilot system. In a report published by the Korea Times, it was noted that the central bank is planning to reveal information regarding a consulting partnership with a local firm, being part of its second step. The Bank of Korea welcomes applications from those interested in partnering…