Wire · technology
Bank of Korea Could Launch Live Deposit Token Trials as Early as September
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Fusion42 · 20 July 2026 · Fusion42 review
South Korea's Bank of Korea is preparing live trials of deposit tokens—digital representations of bank deposits settled on distributed ledger technology—as early as September under Project Hangang, its wholesale CBDC pilot. The central bank is also piloting tokenized government bonds linked to its CBDC infrastructure in 2025, signalling a strategic shift toward modernising settlement infrastructure.
This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it.
◆ ◆ The Wire takeaway
If you build settlement infrastructure, custody, or institutional digital asset platforms for Asia, the Bank of Korea is about to run a live experiment on what replaces today's correspondent banking. Win here and you own the model central banks copy next.
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3 sources · 20 Jul 2026
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