{"id":20250,"date":"2025-04-02T15:16:50","date_gmt":"2025-04-02T15:16:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20250"},"modified":"2025-04-02T15:16:50","modified_gmt":"2025-04-02T15:16:50","slug":"7-eleven-begins-accepting-bank-of-koreas-digital-currency-in-cbdc-trial","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20250","title":{"rendered":"7-Eleven Begins Accepting Bank of Korea\u2019s Digital Currency in CBDC Trial"},"content":{"rendered":"<div>\n<p>South Korea&#8217;s 7-Eleven stores are now accepting the Bank of Korea\u2019s central bank digital currency (CBDC) as part of a limited-time test that runs through June.<\/p>\n<p>The company is participating in the \u201cHangang Project\u201d pilot of the CBDC. Customers with accounts at one of seven partner banks \u2014 including Kookmin, Shinhan and Woori \u2014 can pay for items at checkout by scanning a QR code from their digital wallet, similar to how many use mobile payment apps, according to local news outlet <a href=\"https:\/\/www.enewstoday.co.kr\/news\/articleView.html?idxno=2257781\" target=\"_blank\">Enews Today<\/a>.<\/p>\n<p>To encourage participation, 7-Eleven is offering a 10% discount on all products when purchased with the digital currency during the trial period.<\/p>\n<p>Moon Dae-woo, head of digital innovation at 7-Eleven, said the retailer is experimenting with new technologies to improve store efficiency. <\/p>\n<p>\u201cBy participating in this digital currency payment test, we\u2019ve taken another step forward in digital transformation,\u201d he said in a statement.<\/p>\n<p>The pilot is one of the first real-world trials of a central bank digital currency in a retail setting in South Korea. It comes after the country\u2019s central bank governor<a href=\"https:\/\/www.coindesk.com\/policy\/2023\/12\/15\/bank-of-korea-governor-sees-cbdc-introduction-as-case-for-urgency-report\" target=\"_blank\"> said there was \u201curgency\u201d in the introduction <\/a>of a CBDC.<\/p>\n<p>Disclaimer: Information gathered for this story was translated with the use of artificial intelligence.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>South Korea&#8217;s 7-Eleven stores are now accepting the Bank of Korea\u2019s central bank digital currency (CBDC) as part of a limited-time test that runs through June. The company is participating in the \u201cHangang Project\u201d pilot of the CBDC. Customers with accounts at one of seven partner banks \u2014 including Kookmin, Shinhan and Woori \u2014 can [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20250","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20250"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20250\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}