South Korea’s and Japan’s Central Banks Will Start Testing their CBDCs in 2021
In April 2020, after several years of work, the Chinese Government announced the starting of the tests of the country’s central bank digital currency (CBDC), DCEP (Digital Currency Electronic Payment), in four major cities. However, many other Asian countries have shown their interest in developing and potentially deploying their own CBDCs. This list includes countries like Thailand, Cambodia, Vietnam, Philippines… as well as Korea and Japan.
In this article, Dr Oriol Caudevilla will focus on Japan and Korea’s interest in CBDCs.
