Rhee Chang-yong IMF/Stefani Reynolds By Jono Thomson 29 Aug 2025 Tweet Facebook LinkedIn Save this article Send to Print this page South Korea’s central bank is planning to revive its central bank digital currency pilot programme to facilitate government subsidy payments.The Bank of Korea suspended its CBDC pilot programme in July amid uncertainties surrounding the future of digital asset regulations in the country. However, BoK governor Rhee Chang-yong said on August 28 that he had discussed the idea of using CBDCs to issue government subsidies with the country’s finance minister Koo Yun-cheol, according to a media report Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: subscriptions.centralbanking.com/subscribe You are currently unable to print this content. Please contact info@centralbanking.com to find out more. You are currently unable to copy this content. Please contact info@centralbanking.com to find out more. Copyright Infopro Digital Limited. All rights reserved.As outlined in our terms and conditions, (point 2.4), printing is limited to a single copy.If you would like to purchase additional rights please email info@centralbanking.com test test test Copyright Infopro Digital Limited. All rights reserved.You may share this content using our article tools. As outlined in our terms and conditions, (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.If you would like to purchase additional rights please email info@centralbanking.com test test test
