U.S. Treasury Secretary Scott Bessent is confident that people around the world are going to choose stablecoins over central ...

The world of finance is shaking up as central banks worldwide speed up exploration and creation of CBDCs (Central Bank ...

Transactions with the digital ruble have reached 100,000 since the Bank of Russia started testing its new currency almost two ...

The stablecoin issuer faces headwinds ranging from lower interest rates to the adoption of a CBDC in the EU, JP Morgan ...

Bank of Korea halts CBDC project as support grows for won-pegged stablecoins. Eight major banks now plan a stablecoin launch.

South Korea's central bank paused its central bank digital currency (CBDC) project after President Lee Jae Myung’s ...

The Bank of Korea has halted its central bank digital currency project, which was in the pilot program development stage with participating banks. President Lee Jae-myung had promised to support a won ...

The Bank of Korea (BOK) suspended its central bank digital currency project, Singaporean financial newspaper Business Times ...

The South Korean government’s crypto promises have reportedly derailed the Bank of Korea’s CBDC, as banks partaking in the ...