LG CNS expects CBDC business revenue to materialize from Q2

LG CNS expects revenue from its central bank digital currency (CBDC)-based digital asset business to begin materializing in the second quarter, iNews24 reported. During a first-quarter earnings call on April 30, Kim Hong-geun, a vice president and head of the Digital Business Division at LG CNS, explained that implementation projects for its stablecoin business are expected to be commissioned sequentially once a legal and regulatory framework is established.