Tag Archives: fss

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Aside from the commercial bank, the Bank for International Settlements (BIS) will participate in the pilot to provide technical guidance and expertise to users.   South Korea has become the newest country to conduct a pilot program to explore the technical infrastructure necessary for a central bank digital currency (CBDC). On October 4, the Bank of Korea, with some of the country’s financial regulators, the Financial Services Commission (FSC), and the Financial Supervisory Service (FSS),...