![South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report](https://digitallifegaming.com/wp-content/uploads/2023/11/32ZFWQQMINFENMOO65GNMWJ4FY-768x402.jpg)
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The project will see 100,000 people – roughly 0.2% of the country’s population – be able to purchase goods with tokens issued by commercial banks in the form of CBDC. Use will be restricted to purchasing goods, with other uses such as remittance not permitted.
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