South Korea is getting ready to test its own digital money! It's like a special kind of digital cash controlled by the government, a bit different from Bitcoin or other cryptocurrencies. This test is a big deal and will help them figure out how it works.
- 100,000 people will try using this new digital money.
- Seven big banks are helping with the test.
- People can use it to shop at places like 7-Eleven and online.
- Each person can get up to 1 million won (about $688) to spend.
Fact | Details |
---|---|
People testing | 100,000 |
Banks involved | 7 |
Money limit | 1 million won (~$688) |
Test duration | About 3 months (possibly starting in April) |