The Bank of Korea, the country's central bank, wants to hire new experts to research digital currencies, the institution has announced today.
This measure is reportedly aimed at strengthening the country's payment and settlement system.
Particularly, the institution will focus on research into blockchain technology, cryptocurrencies and central bank digital currency (CBDC) to "play an active role as overseer to enhance security of the settlement systems."
In addition, the bank intends to create a task force focused on CBDCs research.
iHodl Spain reported in November the country had passed a bill to regulate digital currencies.
In early December it was known the country's central bank was conducting a campaign to hire digital currency experts. However, the bank then said it was not considering the possibility of launching a CBDC.
In addition, earlier this year it said the issuance of a central bank digital currency would have a negative impact on commercial bank liquidity as well as other negative effects.
However, the establishment of a task force focused on CBDCs suggests the bank might have changed its position.
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