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South Korea looks at distributing government subsidies in new CBDC test phase
Dec 21, 2025
< 1 min read
by Hannah Collymore
for CryptoPolitan
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The Bank of Korea is set to launch the second phase of its CBDC pilot, focusing on testing government subsidy distribution via digital currency. The project aims to improve fiscal efficiency by reducing misuse and lowering administrative costs.
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The Bank of Korea (BoK) is reportedly preparing to launch the second phase of its central bank digital currency (CBDC) pilot, with a key emphasis on testing the distribution of government subsidies through digital currency. The CBDC project ultimately aims to enhance fiscal efficiency by curbing misuse and slashing administrative costs. However, the broader pushback […]
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