South Korea to test tokenized government bonds with CBDC in 2027

CoinTelegraph·

South Korea to test tokenized government bonds with CBDC in 2027

60-second summary

South Korea is set to test tokenized government bonds linked to its wholesale CBDC system in 2027, coinciding with the implementation of token securities rules. This pilot project will utilize the Bank of Korea's CBDC system to issue and manage the tokenized bonds, marking a significant step towards digitalizing government securities.

South Korea will test tokenized government bonds linked to the Bank of Korea’s wholesale CBDC system in 2027 as token securities rules take effect.