On Jan. 12, 2016, the Bank of Korea (BOK) announced that it will focus on the research of coinless society this year. It revealed its plan to make a coinless society by 2020. Due to the high cost of coin casting, coinless societies are rising as the alternative of coin economies. There is a well-known incident of people who melted bunch of 10 KRW coins and made it into copper and zinc. 54 billion KRW was spent in 2015, making coins. According to the data of Korea Minting, Security Printing & ID Card Operating Corp in 2007; 40, 91, 139, 192 KRW was spent for making 10, 50, 100, 500 KRW coins re
Feature | Lee Il-bong | 2017-01-01 16:49