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The Bank of Korea and Korea Exchange will test the application of CBDC in the carbon credit market

The Bank of Korea and Korea Exchange will test the application of CBDC in the carbon credit market

CointimeCointime2023/10/30 08:36
By:Cointime

On October 30th, the Bank of Korea signed an agreement with the Korea Exchange to develop a carbon emissions trading simulation system based on distributed ledger technology, and to 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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