Yonhap Infomax News12h ago
South Korea launches world's first pilot program to distribute state subsidies via digital currency and deposit tokens, starting with electric vehicle charging infrastructure projects worth 30 billion won, with plans to convert 25% of state funds to digital currency by 2030
#YonhapInfomax #DigitalCurrency #StateSubsidies #BankOfKorea #BlockchainTechnology #ElectricVehicleInfrastructure #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=110873
South Korea to Distribute State Subsidies via Digital Currency in World-First Pilot Program

South Korea launches world's first pilot program to distribute state subsidies via digital currency and deposit tokens, starting with electric vehicle charging infrastructure projects worth 30 billion won, with plans to convert 25% of state funds to digital currency by 2030

Yonhap Infomax
Show threadJoseph Lim Nov 26, 2023
2/3
"In 1988, Chinese ships caught 90k tonnes of seafood, & in 2020, 2.32 bil ton. No other country comes close .. a large proportion of #fish consumed in the United States is caught or processed by China .. PRC has grown the size of its fleet predominantly through #statesubsidies, which by 2018 had reached US$7 bil annually, making it the worlds largest provider of fishing subsidies .. more than half of the fishing tt occurs on the high seas globally wld be unprofitable without these subsidies"