According to South Korean media Hankyung, the Bank of Korea and South Korean exchanges have signed an agreement to develop a carbon emissions trading simulation system based on distributed ledger technology and test carbon emissions trading based on CBDC. The specific details of the experiment will be announced at the end of November, and it is planned to be conducted in the third and fourth quarters of next year.
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The Bank of Korea and Korea Exchange will conduct CBDC application testing in the carbon credit market
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