South Korea's six largest banks (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup, and Enterprise Bank) have expressed to the Bank of Korea their interest in participating in a trial involving government subsidies. Since late August, the Bank of Korea's Digital Currency Office has been contacting each bank's virtual asset manager individually to solicit their interest. The trial will focus on testing whether the government can issue digital currency to subsidy recipients using existing government subsidies or government-guaranteed bonds (government-backed coupons). ( Yonhap News Agency )