News
3,621 articles tracked
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.
The Bank of Korea governor Ryoo Sangdai reportedly floated an idea for banks to be the primary issuers of stablecoins in South Korea before gradually rolling out to other sectors.
The European Central Bank (ECB) has quietly given the XRP Ledger a place in its wholesale-DLT sandbox—yet only behind the walls of a closed network. Annex II of the ECB’s June 2025 report describes 48 trials and experiments, but a single project run by Lithua…
South Korea’s eight largest commercial banks have joined forces to launch a Korean-won-pegged stablecoin, forming the country’s first unified financial consortium dedicated to this purpose. The initiative, quietly coordinated by the Open Blockchain & DID Asso…
The Bank of Korea has reportedly called for a gradual introduction of won-pegged stablecoins. [contact-form-7] The central bank’s senior deputy governor said Tuesday (June 24) that this slow rollout should begin with tightly regulated commercial banks. “It is…
SEOUL :The senior deputy governor of South Korea's central bank said it was desirable to introduce won-denominated stablecoins at a gradual pace, first with rigorously-regulated commercial banks. Stablecoins, a type of cryptocurrency designed to maintain a co…
By Nirmal P. Acharya The US is currently mired in a debt crisis, bitter partisan battles, the Russia-Ukraine conflict, and […] The post Is the crisis in the US an opportunity for Nepal? appeared first on Peoples' Review.