Bank of Korea and Bank of England Collaborate on Tokenization Project

On October 20 that, according to Yonhap News Agency, the Bank of Korea (BOK) stated on October 20 that Sarah Breeden, Deputy Governor of the Bank of England, visited the BOK on the 19th to exchange views on topics such as payment and settlement innovation. Working-level teams from both sides shared progress on initiatives including Project Hangang, Project Agora, and asset tokenization, and discussed cooperation plans. An official from the Bank of Korea noted that they will actively share experiences from tokenization projects such as Project Hangang with the international community in the future, and will actively participate in related international discussions.