{"id":45955,"date":"2021-07-12T19:22:57","date_gmt":"2021-07-12T16:22:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=45955"},"modified":"2025-09-01T13:53:32","modified_gmt":"2025-09-01T10:53:32","slug":"media-bank-of-korea-receives-three-bids-to-participate-in-cbdc-launch","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/media-bank-of-korea-receives-three-bids-to-participate-in-cbdc-launch\/","title":{"rendered":"Media: Bank of Korea receives three bids to participate in CBDC launch"},"content":{"rendered":"<p>The Bank of Korea announced preliminary results of selecting a technical partner to launch the national digital currency (CBDC), according to <a href=\"https:\/\/www.yna.co.kr\/view\/AKR20210712118600002?section=search\">Yonhap<\/a>.<\/p>\n<p>According to it, applications to participate in the pilot were submitted by Ground X (a subsidiary of the tech giant Kakao), the SK Group conglomerate, and Line Plus. On July 9 the latter <a href=\"https:\/\/linepluscorp.com\/pr\/news\/ko\/2021\/3821\">\u043f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u0438\u043b\u0430<\/a> a blockchain platform optimized for CBDC launch.<\/p>\n<p>The regulator <a href=\"https:\/\/u1f987.com\/en\/news\/south-koreas-central-bank-begins-search-for-technical-partner-to-launch-cbdc\">announced the start of the partner selection<\/a> in late May. The final decision at the Bank of Korea will be made in August.<\/p>\n<p>Earlier, BIS experts recommended that global regulators devote more attention <a href=\"https:\/\/u1f987.com\/en\/news\/bis-urges-greater-focus-on-cross-border-cbdcs\">the use of CBDC in cross-border transfers<\/a> than to domestic applications.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Korea announced preliminary results of selecting a technical partner to launch the national digital currency (CBDC), according to Yonhap.<\/p>\n","protected":false},"author":1,"featured_media":45956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,974],"class_list":["post-45955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-south-korea"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=45955"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45955\/revisions"}],"predecessor-version":[{"id":45957,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45955\/revisions\/45957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/45956"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=45955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=45955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=45955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}