CBDC News

South Korea's CBDC Project Pauses as Stablecoins Emerge: A Shift in Digital Currency Strategy

The Bank of Korea pauses its CBDC project amid growing interest in stablecoins, highlighting a potential shift in the country's digital currency strategy and the evolving dynamics ...

South Korea's Q1 Stablecoin Trading Skyrockets to 57 Trillion Won Amid Global Crypto Surge

South Korea's stablecoin trading volume reached 57 trillion won in Q1, with USDT leading the market. The Bank of Korea emphasizes the need for regulated issuance of won-based stabl...

South Korea to Launch Groundbreaking Central Bank Digital Currency Trial from April to June

South Korea is set to conduct a Central Bank Digital Currency (CBDC) real transaction test from April to June, involving 100,000 participants. This trial aims to explore the practi...

Revolutionizing Retail: Bank of Baroda's eRupee Loyalty Programme for Small Shops

Bank of Baroda introduces a pilot program using programmable CBDC to enable small and medium-sized merchants to offer loyalty and cashback schemes, fostering customer engagement an...