Svmuu News: The South Korean government has released a “Roadmap for the Internationalization of the Won,” outlining plans to transition the won from a regulated currency to a freely convertible currency. The roadmap was jointly developed by the Financial Services Commission, the Bank of Korea, the Financial Supervisory Service, and the Korea Securities Depository. The Bank of Korea also plans to advance a pilot project for the tokenization of government bonds linked to an institutional-grade CBDC (central bank digital currency). Additionally, South Korea will participate in Project Agora, an international payments initiative led by the Bank for International Settlements (BIS). (coinpost)