South Korea to pilot tokenized deposits for government spending

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South Korea will pilot tokenized deposits for government spending in Q4, testing preset spending limits, timing controls, and category restrictions. These token-based payments can be programmed with limits and industry usage, reducing audits and transaction fees by eliminating intermediaries.
#SOUTH_KOREA #TOKENIZED_DEPOSITS #GOVERNMENT_SPENDING #BLOCKCHAIN #INTERMEDIARIES #AUDIT_REDUCTION #TRANSACTION_FEES #SANDBOX
16/04 11:50 cointelegraph.com
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