• South Korea’s CBDC Pilot Faces Scrutiny Over Missing Security Audit
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    South Korea’s CBDC Pilot Faces Scrutiny Over Missing Security Audit

    Bank of Korea’s CBDC pilot relied mainly on internal security assessments before launch. No independent audit reviewed Project Hangang during or after real-world testing. Oversight concerns grow as South Korea expands CBDC and deposit token initiatives. South Korea’s central bank is facing criticism after reports revealed its first central bank digital currency (CBDC) pilot lacked…

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