Bank of Korea’s CBDC pilot relied mainly on internal security assessments before launch. No independent audit reviewed Project Hangang during or after real-world testing. Oversight concerns grow as South Korea expands CBDC and deposit token […]
The Bank of Korea’s central bank digital currency (CBDC) plans are moving forward with nine participating banks. The second phase of BOK’s CBDC program is scheduled for September with real-transaction testing, Yonhap News Agency reported […]
The European Central Bank (ECB) selected 36 banks and payment firms to join a pilot of the digital euro starting in the second half of next year as it prepares the central bank digital currency […]
ECB chooses 36 providers to test digital euro functions, operations, and payment systems. Pilot will assess online, offline, mobile, and merchant payment capabilities across Europe. Results will guide digital euro development before a possible 2029 […]
The CBDC limit expires at the end of 2030, though there was little chance that a Fed digital currency would have been executed by then. There’s been limited appetite at the central bank, where its […]
Key Takeaways EU Parliament advanced the digital euro, moving the CBDC into final negotiations with member states. The asset will provide free basic accounts and holding limits, protecting commercial bank liquidity. The ECB will use […]
Key Takeaways Russia’s Duma committee approved the final crypto bill draft, with second and third readings eyed for July 21. The revised text drops mandatory wallet-address reporting; only balances and transaction flows must be declared. […]
Key Takeaways Russia scheduled the digital ruble for a September launch, integrating top banks into the network. The central bank plans to host CBDC wallets on private balance sheets, boosting commercial adoption. Officials are designing […]
Stablecoins were supposed to give us smooth digital dollars and pounds that just work anywhere. Instead, the rails are splitting. Different coins. Different chains. Different rules. And every bridge hop feels like rolling the dice. […]
If you’ve seen the recent BIS commentary on stablecoins and felt a little uneasy, you’re not alone. The question isn’t whether digital dollars are useful. They are. The question is what happens if they scale […]
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