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Tuesday, 21 July 2026
Economy

Bank of Korea Plans September Launch for Second Phase of CBDC Pilot

Talivio News · Global 1 min read
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The Bank of Korea plans to launch the second phase of its central bank digital currency (CBDC) pilot in September, according to a report.

9 banks

The number of banks set to participate in the second phase of the CBDC pilot.

The second phase will involve nine banks, including two regional banks that are newly added to the pilot.

The pilot will test government subsidy payments using tokenized bank deposits, as well as new payment features, according to the report.

Additionally, the CBDC pilot will involve a blockchain network test and will allow retail consumers to trade tokenized won across commercial lines.

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Sources

  1. cointelegraph.com — South Korea eyes September launch for second phase of CBDC pilot: Report (opens in a new window)
  2. coindesk.com — Bank of Korea prepares for live CBDC transactions with 9 banks in September (opens in a new window)
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