The Bank of Korea is moving forward with its deposit token project, aiming for full commercialization beyond the pilot phase. This initiative has raised concerns within South Korea's banking sector, which argues that the next steps, such as enabling peer-to-peer transfers and expanding application scenarios, are akin to launching a new business. The Korea Federation of Banks has requested adjustments to the implementation timeline. A document submitted to lawmaker Lee Hun-seung indicates that the central bank, along with commercial banks, is planning further tests to prepare for the formal introduction and widespread use of deposit tokens. The goal is to ensure seamless and continuous operations as the project progresses.