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Per Woofun AI, the Bank of Korea is accelerating its deposit token initiative with a definitive mandate for full commercialization, moving beyond the constraints of the initial pilot phase. This strategic pivot aims to establish a foundation for the formal introduction and widespread adoption of digital deposit instruments, targeting uninterrupted continuous operation within the national financial infrastructure.
However, the Korean banking industry has voiced significant apprehension regarding this accelerated timeline. Industry representatives argue that subsequent development stages, particularly those involving peer-to-peer transfer capabilities and expanded application scenarios, necessitate procedural rigor equivalent to launching entirely new business lines. Consequently, commercial banks have formally requested adjustments to the implementation schedule to mitigate operational risks and ensure adequate preparation for these complex integrations.