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 ...

A recent industry survey found that more than half of South Koreans aged 20 to 59 have experience trading crypto. Moreover, ...

The Bank of Korea raised concerns on June 25 that stablecoins, which are digital assets designed to maintain a fixed value ...

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 ...

The Indian government is scaling up the Unified Lending Interface as a DPI to deliver inclusive credit, predicted to surpass UPI.

Stablecoin regulations have become the key focus of countries worldwide, led by the U.S. Major private institutions have ...

Picture a four-lane highway suddenly upgraded with a government-built bullet train. Central bank digital currencies (CBDCs) ...

Despite the initial push for central bank digital currencies by many nations, the adoption of CBDCs has been slow across the ...

Chatter about state-run digital money is nudging capital toward Bitcoin. China is extensively testing digital currencies, whereas the U.S. is not. Today, central bank digital currencies (CBDCs) could ...

“Government schemes help us achieve significant scale in CBDC transactions within a very short time. For example, the Subhadra scheme is expected to benefit nearly 10 million women.

Examples include State Bank of India in India, JP Morgan Chase in USA, and Barclays in UK. ... It was later termed Retail CBDC for reasons that will become evident soon.