Woofun AI reports that the Bank of Korea is advancing the second phase of the "Han River Project," a central bank digital currency empirical initiative. If development and recruitment conclude on schedule, deposit token transactions could commence in September. The participating bank cohort has expanded from seven to nine institutions, incorporating peer-to-peer transfers, biometric authentication, and automatic withdrawal functionalities. Usage scope extends to contracted merchants, while the government intends to utilize these tokens for electric vehicle charging subsidies and potentially national treasury funds.