Cryptocurrency, the annual report of the South Korea’s central bank

Central Bank of South Korea, at the end of a research on central bank digital currencies, stated that cryptocurrencies could change society through micropayments, privacy and a different role for banks. Ana Berman (Cointelegraph) explains that Korean experts believe that crypto resources could be widely used if their stability and efficiency are improved. The Central Bank is planning to continue the research on digital currencies, also with a view to reducing cash use and monitoring trends.