Bank of Korea Looking to Replace Coins with Cryptocurrency
Bank of Korea, the Central Bank of South Korea is looking at cryptocurrencies as a way to eliminate the use of coins from the economy.
- Ankita Awasthi
- May 05, 2018
- Oct 18, 2024
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Bank of Korea, the Central Bank of South Korea is looking at cryptocurrencies as a way to eliminate the use of coins from the economy.
The notes are available for immediate sale in denominations of 0.01 and 0.05 BTC (equalling 94 and 469 USD respectively).
Berkeley City Council has unanimously approved the plan to get the sale of their municipal bonds on a blockchain system to raise public finance.
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Brin mentioned that Google witnessed a surge of their own processors by 200,000x (times) in just 20 years!
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