Bank of Korea Governor Supports CBDCs, Deposit Tokens in First...
New Bank of Korea governor Shin Hyun-song highlights CBDCs, tokenized deposits, and global digital currency projects in his first speech, while avoiding any mention of stablecoins.
New Bank of Korea governor Shin Hyun-song highlights CBDCs, tokenized deposits, and global digital currency projects in his first speech, while avoiding any mention of stablecoins.
Circle CEO Jeremy Allaire says there is “tremendous opportunity” for a yuan‑backed stablecoin within five years, even as China curbs most private yuan stablecoins.
The Reserve Bank of Australia has projected $16.7 billion in annual gains from RWA tokenization, and is exploring a new digital financial market sandbox.
The ECB's Piero Cipollone says the central bank aims to finalize a digital euro rulebook by the summer.
Dollar-backed stablecoins reinforce US currency dominance while democratizing finance in developing nations, countering China's debt-trap diplomacy.
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