According to The Fact, the Bank of Korea (BOK) has established a separate advisory committee to handle digital currency policies, including central bank digital currency (CBDC) and deposit tokens. This marks the re-establishment of an official channel to gather opinions from external experts and the market, approximately five months after the existing advisory body was virtually disbanded just before the inauguration of BOK Governor Shin Hyun-song in April. As digital currency-related projects such as 'Project Han River,' 'Project Agora' (an inter-country payment settlement experiment), and the tokenization of government bonds gain momentum, controversies surrounding personal information and security related to CBDC continue. In particular, with a new advisory committee launched ahead of the parliamentary audit, following approximately five months of an advisory vacuum, some point out that it should not merely be a 'face-saving body' to respond to the audit. According to data submitted to Kim Sang-hoon's office (People Power Party, National Assembly's Finance and Economy Planning Committee) by the Bank of Korea on the 1st, the BOK recently established the 'Digital Currency Advisory Committee' and held its first meeting on September 29.
