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Bank of Korea selects Kakao’s blockchain arm for digital won tests By Cointelegraph

The central financial institution of South Korea has chosen a blockchain subsidiary of native web big Kakao as a know-how supplier for its digital forex pilots.

Kakao’s Floor X had received the Financial institution of Korea’s central financial institution digital forex (CBDC) tender, turning into the principal know-how provider for blockchain-based digital received simulations, native information company Korea JoongAng Every day reported Tuesday.

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