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Japan, Korea asset owners say no to crypto but open to CBDC investment

From asianinvestor.net

For asset owners in Japan and Korea, investing in cryptocurrency is still off limits - but the solidity and safety of central bank digital currencies (CBDC) are a different matter. As major central banks around the world have announced plans to start CBDC trials - including the Bank of Korea and Bank of Japan - asset owners told AsianInvestor they would consider investing in the digital asset class. However, any investment would have to predicated on an established credibility and a firm valuation moedel, and this could take anywhere between five and 10 years. In the short-term, meanwhile immediate Read more at: ... (full story)

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  • Category: Fundamental Analysis