🔥The Central Bank of Korea will cooperate with the international financial institution BIS to test CBDC exclusively for financial institutions and commercial banks.
Also known as "wholesale CBDC". Unlike retail CBDC, which is intended for everyday use by people and individuals, wholesale CBDC is often used in large transactions, interbank payments, and large transactions between financial institutions.
Also known as "wholesale CBDC". Unlike retail CBDC, which is intended for everyday use by people and individuals, wholesale CBDC is often used in large transactions, interbank payments, and large transactions between financial institutions.
