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South Korea's Central Bank Begins Recruiting Cryptocurrency Experts, Simultaneously Restarts Digital Won Plan and Plans to Launch Pilot Program This Year
ChainCatcher News: The Bank of Korea announced it is hiring 10 new employees, with some positions requiring at least five years of experience in the crypto industry. The fastest candidates could start as digital asset market analysts as early as July this year, responsible for researching the impact of cryptocurrencies, stablecoins, and tokenized assets on financial stability.
This recruitment coincides with the Bank’s restart of the CBDC Han River project, which was halted last year due to user feedback about inconvenience during the pilot phase. The new plan shifts focus toward government and enterprise applications: the authorities aim to distribute 25% of government subsidies in digital won by 2030 and plan to launch a pilot payment in the first half of 2026. The head of Korea’s digital currency planning team stated that stablecoins and CBDCs are not in competition but complement each other. Along with upcoming legislation, Korea will lift its long-standing ban on domestic issuance of cryptocurrencies and stablecoins.