News
3,687 articles tracked
Local reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus toward a private, bank-led stablecoin initiative. The Bank of Korea (BOK) halted its “Project Han River,” …
The Bank of Korea (BOK) has reportedly halted its Central Bank Digital Currency (CBDC) project following the South Korean government’s focus on stablecoins. The shift has left project participants with “no long-term roadmap” and banks pivoting to this sector.…
A KRW stablecoin could effectively iron out the spread between exchanges and end the "kimchi premium."
South Korea pressed pause on its central bank digital currency (CBDC) initiative, even as its new government pivoted toward promoting domestic stablecoins. Telling banks involved that introducing won-denominated stablecoins would be ‘desirable,’ South Korea’s…
While seeing Circle as well-positioned in the stablecoin market, JPMorgan analysts warned that competition is a potential threat to the stablecoin issuer.
The company faces headwinds ranging from lower interest rates to the adoption of a CBDC in the EU, JP Morgan analysts wrote.
The Bank of Korea is reportedly suspending its digital currency program amid increased stablecoin enthusiasm. [contact-form-7] The central bank (BOK) has paused preparations for the next phase of its digital won program, Bloomberg News reported Monday …
The Bank of Korea is reportedly suspending its digital currency program amid increased stablecoin enthusiasm. [contact-form-7] The central bank (BOK) has paused preparations for the next phase of its digital won program, Bloomberg News reported Monday (June 3…
The South Korean government’s crypto promises have reportedly derailed the Bank of Korea’s CBDC, as banks partaking in the trials instead want to pursue stablecoins.
South Korea pressed pause on its central bank digital currency (CBDC) initiative, even as its new government pivoted toward promoting domestic stablecoins. Telling banks involved that introducing won-denominated stablecoins would be ‘desirable,’ South Korea’s…
The project had reached the stage of developing a pilot program together with participating banks.
Indian crypto investors favor stablecoins for price stability, cross-border payments, and potential savings on remittance fees.
While the state weaponizes compliance, we must weaponize freedom On June 18th, while the country was distracted with headlines about Trump and Iran, the U.S. Senate quietly advanced the GENIUS Act—a bill designed to “legitimize” stablecoins, but in reality, i…
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. On June 13th, Charles Hoskinson, the co-founder of Ethereum (ETH) and founder of Cardano (ADA), made a bold proposition. In order to put Cardano on the decentraliz…
OpenWay, a global leader in digital payment software, announces its role in enabling the successful launch of Visa Flex Credential at Vietnam’s Asia Commercial Bank (ACB) — a regional first in Southeast Asia.