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The Bank of Canada took a significant step in exploring the technical feasibility of a digital Canadian dollar, proposing a specific system designed for a retail central bank digital currency (CBDC) focused on simple, everyday payments, according to a new res…
Nepal witnessed an extraordinary wave of developments on July 4, 2025, across the domains of politics, economy, stock market, EV revolution, diaspora affairs, crimes, infrastructure, health, technology, and entertainment. From sudden shifts in provincial gove…
The US House has set July 14 aside as “Crypto Week,” a one‑day push to fast‑track big decisions on digital money. Lawmakers say this marks a fresh effort to nail down rules on stablecoins, market structure and a possible central bank digital currency. It all …
They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role.
The study outlines a viable system design for a Canadian digital dollar with high privacy and speed.
JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens.
The world of finance is shaking up as central banks worldwide speed up exploration and creation of CBDCs (Central Bank Digital Currencies). The process that started as a somewhat tentative exploration of digital solutions has become an all-out race to update …
The Malaysian regulator is seeking public feedback on its proposed reform of the country’s crypto exchange framework, aiming to enhance the market’s competitiveness and improve investors’ protection. Related Reading: Bank Of Korea Halts CBDC Project As Lawmak…
The European Central Bank (ECB) is planning distributed ledger technology (DLT) for financial settlement, which shows a good intention to modernize the Eurozone’s financial infrastructure. How will they do it? Through a ‘dual-track strategy’ that explores imm…
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.