According to Cointelegraph, 7-Eleven convenience stores in South Korea will participate in the Central Bank Digital Currency (CBDC) payment test from April 1 to June 30, offering a 10% discount on all products when paying with CBDC. This nationwide pilot program is led by the Bank of Korea and financial regulatory authorities, with a limit of 100,000 participants, covering multiple banks and retail channels. Users can convert their bank deposits into equivalent CBDC for consumption. The project aims to promote the prototype construction of future monetary systems.
South Korea's 7-Eleven convenience store participates in CBDC pilot, offering 10% discount to encourage use
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content