Seoul, South Korea will launch S currency

According to news from the Korean media, Seoul Mayor Park Yuan-tzu recently stated that he hopes to issue S coins that represent Seoul City. It is hoped that the S-currency will be used to raise public welfare funds and used for payment of basic public services. Park Yuan-Yi made it clear that this project is part of the overall planning of the blockchain in Seoul, but he did not give a specific implementation plan. Earlier reports said that Park’s term is nearing completion and he will be re-elected in June.

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