South Korea to test blockchain deposit tokens for government spending in Q4

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CoinDesk - All News 11 hours ago • coindesk.com

South Korea to test blockchain deposit tokens for government spending in Q4

Token-based payments can be programmed with spending limits and which industries can use them, reducing audits and lowering transaction fees by removing intermediaries.

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Cointelegraph - News 12 hours ago • cointelegraph.com

South Korea to pilot tokenized deposits for government spending

The sandbox will test preset spending limits, timing controls and category restrictions for public sector expense payments.

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