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Fri, Aug 6, 2021 2:00 AM by CryptoNews

Samsung ‘Will Join Kakao’ to Trial Offline Payments for S Korea’s CBDC

Source: Adobe/S_E Two Samsung affiliates are reportedly set to join a number of Kakao subsidiaries in piloting the Bank of Korea (BOK)’s central bank digital currency (CBDC) prototype – with reports claiming the electronics giant will test offline payments made using its Galaxy smartphones. Per Hanguk Kyungjae and multiple other South Korean media outlets, Samsung and the BOK have refused to

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